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Property profile & analytics
OFF-MARKET
Land

0 Bowen Rd Howell, MI 48855

8.08 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 8.08 ac (351,965 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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