Property profile

0 Vreeland Rd Brownstown Charter Township, MI 48183

OFF-MARKET
Land
13.54 ac lot
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Property summary

AI-generated overview

This exceptional 13.54-acre commercial land parcel presents a remarkable development opportunity in Brownstown Charter Township, Michigan. Located on Vreeland Road in Woodhaven, with a Wayne County address and zip code 48183 (APN 70-107-99-0001-005), this property is zoned B-2, offering considerable flexibility for various commercial ventures. The asking price is $1,200,000, translating to $88,626 per acre, reflecting the land's significant value in this thriving market. Utilities are conveniently located on-site, simplifying development plans. The site benefits from its strategic location, surrounded by new residential developments, ensuring a robust potential customer base. Furthermore, its proximity to high-quality retailers, schools, medical facilities, and major freeways provides unparalleled convenience and accessibility. This prime location makes it ideal for single-family or multi-family residential development, or a variety of commercial uses, given the B-2 zoning. This is a rare opportunity to acquire a substantial land parcel in a rapidly growing area with excellent infrastructure and a strong surrounding community. Don't miss this chance to capitalize on this exceptional investment potential.

Property profile

Verified
Property type Land
Lot 13.54 ac (589,802 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Vreeland Rd Brownstown Charter Township, MI 48183
Brownstown Charter Township metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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