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    FOR SALE
    Industrial land

    1879 W Michigan Ave, Ypsilanti, MI 48197

    18.8 ac lot
    Individually Owned 20-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-0068134
    Property summary
    AI-generated overview

    This exceptional 18.8-acre vacant land parcel presents a unique development opportunity in Ypsilanti Township, Michigan. Strategically located in the Michigan Avenue Form Based Code District's Regional/Mixed Use Corridor (Site Type D), this property offers unparalleled access to major transportation arteries, including I-94 (Exit 181A) and US-23 (Exit 34). The permitted zoning allows for a diverse range of uses, including residential (misc. residential/related uses, multi-family), office, institutional, retail, entertainment, services, and light industrial uses. Special use permits may also accommodate automotive and other miscellaneous uses. An estimated 6-8 acres are buildable. This prime location at the gateway to Ypsilanti, home to Eastern Michigan University and St. Joe's Mercy Hospital, ensures high visibility and strong potential for future growth. The property's proximity to established infrastructure and a vibrant community makes it an ideal site for a variety of development projects. The asking price is $375,000, and the parcel's APN is K-11-39-350-027. Ypsilanti Township's recently updated Master Plan further underscores the strategic value of this exceptional land offering. Don't miss this chance to capitalize on this significant development opportunity in a thriving Michigan community.

    Property profile
    Verified
    Property type Industrial land
    Use group INDUSTRIAL - VACANT LAND
    Lot 18.8 ac (818,928 SF)
    APN K -11-39-350-027
    UPID US43-0068134
    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
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Welch,craig A · 20 yrs held
    Welch,craig A
    since 2006
    1 recorded transaction
    2006
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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