0 M-52, Chelsea, MI 48118
This exceptional 74.98-acre parcel presents a unique investment opportunity in Chelsea, Michigan. Boasting 640 feet of frontage on M-52, this slightly rolling site offers high visibility from both I-94 and M-52. Approximately 35-40 acres are usable, making it perfect for a variety of mixed-use developments. The property is zoned AG – Master Planned Mixed Use and is conveniently located within a master-planned water and sewer district. Due diligence has already been completed, with an ALTA survey and wetlands survey already in hand. Existing pipeline and drainage easements are in place. This offering includes the APN F-06-24-100-002. The asking price is $1,200,000. Note that an additional 132.7 acres (129 acres to the east and 3.7 acres to the south) are also available for acquisition. This prime location and comprehensive planning make this a truly exceptional opportunity for developers seeking a high-visibility site with readily available infrastructure.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.