Entity Owned Property summary
This exceptional 73.94-acre property in Tecumseh, Michigan, presents a unique investment opportunity. Boasting over 900 feet of frontage on M-50, a high-traffic main thoroughfare, this level to slightly rolling parcel offers unparalleled visibility and accessibility. The property's zoning is strategically divided: approximately 29 acres are zoned General Business, providing ample space for commercial development, while the remaining acreage is zoned Two-Family Residential, opening possibilities for residential construction. All public utilities are readily available, simplifying development plans. The location is surrounded by a thriving mix of established commercial businesses, retail outlets, newer single-family homes, and existing agricultural land, creating a dynamic and desirable environment. The APN is XT0-129-4050-15. This versatile property is ideally suited for a variety of uses, making it an attractive investment for developers and entrepreneurs seeking a prime location in a growing community. The address is 2000 W Chicago Blvd, Tecumseh, MI 49286. Asking price is $699,990.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Sec. 98-79. - B-3-General business district. Intent The B-3 general business districts are designed to furnish goods and services in a vehicular-oriented environment. The range of uses permitted in the B-3 district are c…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-3 · Tecumseh, MISec. 98-79. - B-3-General business district. Intent The B-3 general business districts are designed to furnish goods and services in a vehicular-oriented environment. The range of uses permitted in the B-3 district are c…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Sec. 98-79. - B-3-General business district. Intent The B-3 general business districts are designed to furnish goods and services in a vehicular-oriented environment. The range of uses permitted in the B-3 district are c…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-3 in Tecumseh, MI.
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