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    Property profile & analytics

    2403 Michigan Ave Ypsilanti, MI 48198

    • Commercial real estate
    • 0.23 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US43-5000319
    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 real estate

    Property Details for 2403 Michigan Ave

    Lot size
    0.23 lot acres
    Property type
    Commercial real estate
    APN
    K -11-01-340-022

    Description

    This exceptional 0.23-acre commercial land parcel, located at 2403 E Michigan Ave in Ypsilanti, Michigan (48198), presents a unique development opportunity. The property, identified by APN K-11-01-340-022, is zoned for commercial use and is completely vacant, with all previous improvements razed. This makes it ideal for a variety of new construction projects. The site's convenient location in Washtenaw County offers excellent accessibility and visibility. The seller is open to negotiation on the price, and a development agreement is a required condition of sale. This ensures a collaborative approach to realizing the property's full potential. Serious inquiries are encouraged to explore this promising investment opportunity in a thriving Michigan community. The property is ready for immediate development, eliminating the need for costly demolition or site preparation. This presents a significant advantage for developers seeking a streamlined project timeline. This is a rare chance to acquire a strategically located commercial lot in a desirable area.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ypsilanti
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.563402
    Latitude
    42.250858

    Comparable in this City

    • $1,800,000
      37.42 Acres

      Superior Twp. Residential Land Development

      95-Home Site Plan Approved, 37 Acres
      1530 Macarthur Blvd, Superior Charter Township, MI 48198
      View Details
    • Contact for pricing
      6.59 Acres

      Ypsilanti Commercial Land - Development Ready

      6.59 Acres, B-3 Zoning, Development Opportunity
      951 Michigan Ave, Ypsilanti, MI 48198
      View Details
    • $44,900
      0.17 Acres

      Residential Lot in Ypsilanti

      Residential lot for sale in a quiet Ypsilanti neighborhood.
      2215 Harmon Ave, Ypsilanti, MI 48198
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    • $150,000
      0.33 Acres

      Ypsilanti Vacant Land Opportunity

      Prime vacant land in Ypsilanti, close to amenities.
      1695 Ide Ave, Ypsilanti, MI 48198
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      1 SF

      Commercial Land in Opportunity Zone

      One acre of commercial land for sale in Ypsilanti.
      2760 Holmes Rd, Ypsilanti, MI 48198
      View Details
    • $400,000

      Land for Multi-Family Development

      Land suitable for multi-family development in established Ypsilanti neighborhood.
      199 S Ford Blvd, Ypsilanti, MI 48198
      View Details

    Similar Nearby for Sale

    • $1,800,000
      37.42 Acres

      Superior Twp. Residential Land Development

      95-Home Site Plan Approved, 37 Acres
      1530 Macarthur Blvd, Superior Charter Township, MI 48198
      View Details
    • Contact for pricing
      6.59 Acres

      Ypsilanti Commercial Land - Development Ready

      6.59 Acres, B-3 Zoning, Development Opportunity
      951 Michigan Ave, Ypsilanti, MI 48198
      View Details
    • $44,900
      0.17 Acres

      Residential Lot in Ypsilanti

      Residential lot for sale in a quiet Ypsilanti neighborhood.
      2215 Harmon Ave, Ypsilanti, MI 48198
      View Details
    • $150,000
      0.33 Acres

      Ypsilanti Vacant Land Opportunity

      Prime vacant land in Ypsilanti, close to amenities.
      1695 Ide Ave, Ypsilanti, MI 48198
      View Details
    • Contact for pricing
      1 SF

      Commercial Land in Opportunity Zone

      One acre of commercial land for sale in Ypsilanti.
      2760 Holmes Rd, Ypsilanti, MI 48198
      View Details
    • $400,000

      Land for Multi-Family Development

      Land suitable for multi-family development in established Ypsilanti neighborhood.
      199 S Ford Blvd, Ypsilanti, MI 48198
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1 SF

      Ypsilanti Commercial Land for Lease

      2.75 Acres, Single Tenant Opportunity
      1501-1539 Prospect Rd, Superior Charter Township, MI 48198
      View Details
    • Contact for pricing

      Ypsilanti Executive Office Space

      Modern Office & Warehouse Space Available
      2701 Airport Dr, Ypsilanti, MI 48198
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    • $2 SF/Yr
      58,925 SF

      Ypsilanti Industrial Space for Lease

      58,925 SF Warehouse, Prime Location
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      17,795 SF

      Ypsilanti Executive Office Space

      Prime Office Suites, Ample Parking
      50 Ecorse Rd, Ypsilanti, MI 48198
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    • $534 /Mo

      Renovated Office Suite For Rent

      Recently renovated office suite available for lease near I-94.
      265 S Harris Rd Bldg B, Ypsilanti, MI 48198
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    • Contact for pricing
      25,185 SF

      Ypsilanti Medical Office Building

      Spacious medical offices, ample parking.
      200 Arnet St, Ypsilanti, MI 48198
      View Details
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    Ypsilanti, MI 48198
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    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
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