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    Property profile & analytics

    Commerce Park Dr Chelsea, MI 48118

    • Land
    • 1.10 lot acres
    For Sale
    View listing
    $450,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Commerce Park Dr

    Lot size
    1.10 lot acres
    Property type
    Land

    Description

    This 1.1-acre commercial land parcel, located at Commerce Park Drive in Chelsea, Michigan (APN 06-06-13-390-006), presents a unique investment opportunity. Zoned T1 Mixed Use, this property offers considerable flexibility for a variety of commercial developments. The asking price is $450,000, translating to a land value of $409,091 per acre. Its strategic location along a gateway corridor to downtown Chelsea provides excellent visibility and accessibility. The property benefits from convenient freeway access via the I-94 Main Street exit, ensuring easy commutes for employees and customers. This vacant land is ready for development, offering significant potential for businesses seeking a prominent location in a thriving Michigan community. The 48118 zip code further underscores its desirable location within Washtenaw County. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chelsea
    County
    Washtenaw
    State
    Michigan
    Longitude
    -84.0267
    Latitude
    42.2993

    Comparable in this City

    • Value Estimation by Request
      3.70 Acres

      2317 M-52

      Farms • 3.70 Acres
      2317 M-52, Chelsea, MI 48118
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    • Value Estimation by Request
      30.40 Acres

      30 Pierce St

      Land • 30.40 Acres
      30 Pierce St, Chelsea, MI 48118
      View Details
    • Value Estimation by Request
      74.98 Acres

      M-52

      Farms • 74.98 Acres
      0 M-52, Chelsea, MI 48118
      View Details
    • Value Estimation by Request
      12.14 Acres

      Luick Dr

      Farms • 12.14 Acres
      0 Luick Dr, Chelsea, MI 48118
      View Details
    • Value Estimation by Request
      0.09 Acres

      214 Middle St

      VACANT COMMERCIAL LAND • 0.09 Acres
      214 Middle St, Chelsea, MI 48118-1487
      View Details
    • Value Estimation by Request
      0.33 Acres

      Park St

      VACANT COMMERCIAL LAND • 0.33 Acres
      Park St, Chelsea, MI 48118
      View Details

    Similar Nearby for Sale

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      Chelsea Mixed-Use Land - 3.7 Acres

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      Chelsea Commercial Land - 1.1 Acres

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      0 Commerce Park Dr, Chelsea, MI 48118
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    Similar Nearby for Lease

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    • Contact for pricing
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      Chelsea Retail Center Opportunity

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    Commerce Park Dr
    Chelsea, MI 48118
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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