0 Lambert Dr, Howell, MI 48855
This exceptional 16.57-acre commercial land parcel presents a remarkable investment opportunity in Howell, Michigan. Strategically located on Lambert Drive, directly across from the Tanger Outlet Mall and conveniently situated near the I-96/M-59 (Highland Road) interchange, this property offers unparalleled accessibility and visibility. The lot boasts dimensions of 964.20 x 672.61 x 1039.56 x 779.07 feet, providing ample space for a wide range of commercial developments. Zoned RSC (Regional Service Commercial District), this land is suitable for retail, office, hospitality, or industrial uses. The property's prime location, coupled with its size and zoning, makes it an ideal site for businesses seeking high visibility and convenient access to major transportation routes. The Livingston County location offers a thriving community with above-average household incomes, indicating strong potential for commercial success. APN: 06-29-200-023. Asking price: $125,000. A non-contingent sale with an earnest money deposit (greater of $20,000 or 10% of purchase price) and a 5% marketing fee (minimum $20,000) plus a $10,000 participation deposit is required. This is a rare opportunity to acquire a significant commercial land parcel in a high-demand 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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.