Property profile

30 Pierce St Chelsea, MI 48118

OFF-MARKET
Land
30.4 ac lot
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Property summary

AI-generated overview

This exceptional 30.4-acre parcel in Chelsea, Michigan, presents a remarkable mixed-use development opportunity. Strategically located along the vibrant I-94 corridor at the Pierce Road/Old US-12 exit, this master-planned property boasts Mixed-Use zoning, allowing for diverse development options including general commercial, highway commercial, multiple-family residential, business park, and industrial uses. The property features a picturesque creek running through it, enhancing its natural appeal. Situated on a paved road, it offers excellent access and visibility, further amplified by its proximity to major transportation routes. Existing infrastructure, including sewer and water along Pierce Road, simplifies the development process. The property is within the Chelsea school district, adding to its community appeal. The asking price is $350,000, and the APN is F-06-15-300-013. 2023 taxes were $3,264.63. An additional 44.75 acres are available adjacent to the west. This prime location offers developers and investors a unique canvas for innovation and growth, perfectly positioned to capitalize on the area's commercial and residential development potential. The property's flexible zoning and convenient location make it an ideal investment for a variety of projects. Natural gas is available. Contact for details.

Property profile

Verified
Property type Land
Lot 30.4 ac (1,324,224 SF)

Cap rate & NOI

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

Location

30 Pierce St Chelsea, MI 48118
Chelsea 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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