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    Cor Mason Rd & Burkhart Rd Howell, MI 48843
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    Property profile & analytics

    Cor Mason Rd & Burkhart Rd, Howell, MI 48843

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    • Land
    • 95.32 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Cor Mason Rd & Burkhart Rd

    Lot size
    95.32 lot acres
    Property type
    Land

    Description

    Exceptional investment opportunity: a 95.32-acre shovel-ready Planned Unit Development (PUD) in Howell, Michigan, located at the northwest corner of Mason Road and Burkhart Road (APN 47-06-32-400-013). This prime commercial land is zoned for multifamily, single-family, and senior living development. The PUD plan includes approvals for 296 apartment units and 90 senior living units. Furthermore, contracts are currently in place with a national home builder for 175 single-family homes. The property boasts over $3,000,000 in paid-in utilities, encompassing 75 water taps and 569 sewer taps, significantly reducing development costs. Situated in the desirable Howell School District, this location benefits from a strong positive population growth projection from 2023 to 2028. Enjoy convenient access to major transportation arteries, including I-96 and Tanger Outlets (one mile south), and the vibrant downtown Howell area and the new "Motorsports Gateway Howell" (two miles away). Municipal water and sewer services are readily available. This is a unique opportunity to capitalize on a thriving market and a fully entitled development plan. Asking price: $5,450,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Howell
    County
    Livingston
    State
    Michigan
    Longitude
    -83.9931
    Latitude
    42.5998
    More about this property
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