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Property profile & analytics
OFF-MARKET
Land

116 North St Brighton, MI 48116

0.14 ac lot
Property ID
Property summary
AI-generated overview

This exceptional offering presents a rare opportunity to acquire a 0.14-acre assemblage of three parcels in Brighton, Michigan's vibrant Downtown Business District. Located at 116 E North St, 122 E North St, and 212 N East St (zip code 48116), this property boasts a unique DDA/DDB zoning designation, allowing for a diverse range of development possibilities. The existing house on the 116 E North St parcel is of little to no value and is included in the sale price of $700,000 for all three parcels. Permitted zoning is commercial, opening doors to projects such as mixed-use developments (PUD), office spaces, retail establishments, residential units, or parking facilities. The city of Brighton has indicated a willingness to collaborate on development proposals. This combined parcel presents an unparalleled chance to capitalize on the high demand and prime location within the downtown area. The combined lot size offers significant potential for a substantial development project. Don't miss this extraordinary chance to shape the future of Brighton's downtown. This unique assemblage rarely becomes available.

Property profile
Verified
Property type Land
Lot 0.14 ac (6,098 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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