0 Bowen Rd Howell, MI 48855
This exceptional 8.08-acre residential land parcel presents a unique development opportunity in Howell, Michigan. Located on Bowen Road (APN 0622300047), this property is zoned for residential use and offers significant potential for single-family homes or a multi-family development. The asking price is $88,024, translating to a land value of $13,613 per acre. Utilities are conveniently located at the site along Bowen Road, eliminating significant infrastructure costs. The property includes 18 allocated water and sewer REUs. Note that the purchaser will assume existing utility assessments totaling $69,922, payable in installments until 2026. This attractive parcel enjoys a prime location, just one mile north of the Grand River and M-59, and three miles north of I-96, providing easy access to major transportation routes. The property's size and location make it ideal for a variety of residential projects, offering a compelling investment opportunity in a desirable Michigan community. The Howell zip code is 48855, and the property is situated in Livingston County. This is a rare opportunity to acquire a sizable residential lot in a thriving area.
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
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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.