Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    23351 Redwood Dr Chelsea, MI 48118-4536

    • Commercial land
    • 57.42 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 10, 2021
    Location Intelligence
    Property ID
    US43-4321399
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for 23351 Redwood Dr

    Lot size
    57.42 lot acres
    Zone code
    MHP
    Property type
    Commercial land
    APN
    F -06-14-400-007
    APU
    F0614400007

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chelsea
    County
    Washtenaw
    State
    Michigan
    Longitude
    -84.0429
    Latitude
    42.2982
    CBSA code
    11460
    CBSA name
    ANN ARBOR, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $0.00
    $0.00
    $351,900
    -
    $0.00
    $0.00
    $703,800

    Comparable in this City

    • Value Estimation by Request
      0.09 Acres

      214 Middle St

      VACANT COMMERCIAL LAND • 0.09 Acres
      214 Middle St, Chelsea, MI 48118-1487
      View Details
    • Value Estimation by Request
      0.33 Acres

      Park St

      VACANT COMMERCIAL LAND • 0.33 Acres
      Park St, Chelsea, MI 48118
      View Details
    • Value Estimation by Request
      1.15 Acres

      Chelsea, MI 48118

      VACANT COMMERCIAL LAND • 1.15 Acres
      Chelsea, MI 48118
      View Details
    • Value Estimation by Request
      11.00 Acres

      Chelsea, MI 48118

      VACANT COMMERCIAL LAND • 11.00 Acres
      Chelsea, MI 48118
      View Details
    • Value Estimation by Request
      0.67 Acres

      Chelsea, MI 48118

      VACANT COMMERCIAL LAND • 0.67 Acres
      Chelsea, MI 48118
      View Details
    • Value Estimation by Request

      Chelsea, MI 48118

      VACANT COMMERCIAL LAND
      Chelsea, MI 48118
      View Details

    Similar Nearby for Sale

    • $1,150,000
      81.86 Acres

      Development Land Near Ann Arbor

      81.87-acre development parcel near Ann Arbor and I-94.
      S Fletcher Rd, Chelsea, MI 48118
      View Details
    • $110,000
      2.40 Acres

      Land in Chelsea, Michigan

      2.4-acre hilltop homesite near trails, parks, and downtown Chelsea.
      859 Greystone Dr, Chelsea, MI 48118
      View Details
    • $175,000
      44.14 Acres

      Recreational Land with Frontage

      44.14 acre recreational land with frontage along Harr Rd.
      Harr Rd, Lyndon Twp, MI 48118
      View Details
    • $189,000
      4.25 Acres

      Lakeview Build Site in Chelsea

      4.25 acre build site near Riker Lake and Inverness Country Club.
      13493 Riker Rd, Chelsea, MI 48118
      View Details
    • $550,000
      13.46 Acres

      Chelsea Land Opportunity Near I-94

      13.46 acres in Chelsea, ideal for residential development.
      Old Us 12, Chelsea, MI 48118
      View Details
    • $154,500
      3.05 Acres

      Chelsea Land with Wooded Privacy

      3 acres of tranquil, wooded property near parks and trails.
      856 Greystone Dr, Chelsea, MI 48118
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      2,045 SF

      Chelsea Retail Space For Rent

      Retail or office space with high traffic and ample parking.
      1020 S Main St, Chelsea, MI 48118
      View Details
    • Contact for pricing
      52,968 SF

      Chelsea Retail Center Opportunity

      High-Visibility Retail Space Available
      1620 Main St, Chelsea, MI 48118
      View Details
    • $25 SF/Yr
      3,684 SF

      Prime Chelsea Office Space

      Standalone Office, 3684 sq ft, Fully Renovated
      50 Fletcher Rd, Chelsea, MI 48118
      View Details
    • $10 SF/Yr
      15,550 SF

      Chelsea Industrial Flex Space

      15,550 SF Flex Space, Ann Arbor Area
      20401 Old Us Highway 12, Chelsea, MI 48118
      View Details
    • $25 SF/Yr
      27,280 SF

      Downtown Chelsea Restaurant Space

      Prime Main Street location, 2,941 SF
      115 Main St, Chelsea, MI 48118
      View Details
    • $13 SF/Yr
      1,400 SF

      Retail Space in Renovated Center

      Retail space available in a recently renovated shopping center.
      1145 S Main St, Chelsea, MI 48118
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    23351 Redwood Dr
    Chelsea, MI 48118-4536
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.