0 Sandborn Rd, Manchester, MI 48158
This exceptional 18.27-acre parcel presents a unique investment opportunity in the thriving community of Manchester, Michigan. Located in Washtenaw County, this property is zoned AR - RURAL AGRICULTURE DISTRICT / PUD, offering significant potential for residential development. The land is ideally situated on Sandborn Rd, with convenient access to local amenities and infrastructure. Currently entitled for the construction of 26 single-family homes, this represents the third phase of the successful Emerald Glen of Manchester condo development. Pre-engineering and approvals are already in place, streamlining the development process and minimizing potential delays. The site boasts a desirable blend of natural features, including mature trees and favorable topography, creating an attractive setting for a high-quality residential community. The asking price is $850,000, translating to a land value of $42,524 per square foot. The property's APN is PM-16-10-105-002. This is a rare chance to capitalize on the strong growth trajectory of Washtenaw County and create a thriving residential neighborhood. The site's pre-approved status and desirable location make it an exceptionally attractive proposition for developers seeking a turnkey project with significant upside potential. Don't miss this opportunity to acquire a prime piece of land in a rapidly expanding market. The zip code is 48158.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.