0 Commerce Park Dr, Chelsea, MI 48118
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.