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    OFF-MARKET
    Land

    0 Lambert Dr, Howell, MI 48855

    16.57 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 16.57 ac (721,789 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
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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