Property profile

0000 Vacant Martinsville Rd Belleville, MI 48111

OFF-MARKET
Land
240 ac lot
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Property summary

AI-generated overview

This exceptional 240-acre property in Belleville, Michigan, presents a unique investment opportunity. Located in Wayne County, Township of Sumpter, and zoned for agricultural use, this expansive land parcel offers remarkable versatility. The property's address is 0000 Vacant Martinsville Rd, Belleville, MI 48111 (latitude 42.1488449, longitude -83.4610884). The asking price is $2,175,000. Multiple parcel numbers are included in the sale: 83-134-99-0001-701, 83-133-99-0003-701, 83-134-99-0002-705, 83-133-99-0002-001, 83-133-99-0003-705, and 83-134-99-0002-704. Its size and agricultural zoning make it suitable for a wide range of uses, from establishing a large-scale farming operation to developing a luxury residential community or creating a private estate. The property's potential is vast, allowing for diverse development options to suit various needs and visions. Contact the listing office for further details and to explore the possibilities this exceptional land offering presents.

Property profile

Verified
Property type Land
Lot 240 ac (10,454,400 SF)

Cap rate & NOI

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

Location

0000 Vacant Martinsville Rd Belleville, MI 48111
Belleville metro
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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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