Property profile

41501 Willis Rd Belleville, MI 48111

OFF-MARKET
Land
1 ac lot
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Property summary

AI-generated overview

This exceptional one-acre commercial land parcel presents a unique investment opportunity in Belleville, Michigan. Located at 41501 Willis Road, Sumpter Township, Wayne County, this property boasts a prime location with convenient access to local amenities and transportation routes. The lot size is precisely one acre, offering ample space for various commercial developments, subject to obtaining the necessary permits and approvals. Currently zoned for residential use, this presents a chance for creative development, potentially allowing for a mixed-use project or a rezoning application to suit specific commercial needs. The property's APN is 81041990004703. The asking price is $55,000, making it an attractive proposition for investors seeking a foothold in the Belleville market. This is a privately owned property, not a short sale. The property's precise coordinates are latitude 42.156408 and longitude -83.44198, and the zip code is 48111. This land offers significant potential for a discerning buyer looking to capitalize on its versatile zoning and strategic location. Serious inquiries are encouraged to explore the possibilities this property presents.

Property profile

Verified
Property type Land
Lot 1 ac (43,560 SF)

Cap rate & NOI

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

Location

41501 Willis Rd Belleville, MI 48111
Belleville metro
Google Maps

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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