Property profile

Delhi charter Township, MI 48842

OFF-MARKET
Land
12.9 ac lot
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Property summary

AI-generated overview

This exceptional 12.9-acre parcel presents a remarkable opportunity for multi-family development. Located in Delhi Charter Township, Ingham County, Michigan, with a Holt address and 48842 zip code, this property boasts a prime location near the intersection of Holt and Aurelius Roads. The land is currently zoned for multi-family use, making it ideally suited for apartments, townhouses, or other similar projects. The site is a wooded parcel, offering a tranquil setting while remaining conveniently close to existing successful multi-family developments. This presents a unique chance to capitalize on the area's strong demand for housing. The asking price for this expansive lot is $99,900. Given its size, zoning, and location, this property represents a significant investment opportunity with considerable potential for substantial returns. Detailed site plans and zoning information are readily available upon request. Don't miss this chance to acquire a highly desirable development site in a thriving Michigan community. The coordinates for this property are 42.6491205 latitude and -84.5217818 longitude.

Property profile

Verified
Property type Land
Lot 12.9 ac (561,924 SF)

Cap rate & NOI

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

Location

Delhi charter Township, MI 48842
Delhi charter Township metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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