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    OFF-MARKET
    Land

    0 Commerce Park Dr, Chelsea, MI 48118

    1.1 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 1.1 ac (47,916 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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