Property profile

2750 E Michigan Ave Ypsilanti, MI 48198

FOR SALE
Industrial land
Property ID
US43-2697375
9.24 ac lot
Individually Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional ±9.24-acre development site in Ypsilanti Charter Township, Michigan, presents a compelling investment opportunity. Located at 2750 E Michigan Ave, this property boasts over 550 feet of frontage on a major thoroughfare, ensuring outstanding visibility and accessibility. The site is zoned for Form-Based Mixed-Use development, offering considerable flexibility for a wide range of commercial projects. All utilities are readily available, simplifying the development process. The property's strategic location is further enhanced by its proximity to significant infrastructure, including Amazon's new 183,000 square-foot facility in nearby Canton Township, just two miles to the west. The parcel's APN is K-11-01-300-022. This prime location, combined with the flexible zoning and substantial lot size, makes this a rare opportunity to acquire a highly desirable development site in a thriving area. The asking price for this exceptional property is $849,999. This is a turnkey opportunity for developers seeking a high-impact location with significant potential for growth and return on investment. Don't miss this chance to secure a piece of Ypsilanti's vibrant commercial landscape.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 9.24 ac (402,494 SF)
APN K -11-01-300-022
UPID US43-2697375

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2750 E Michigan Ave Ypsilanti, MI 48198
Ypsilanti metro Census 411900 ANN ARBOR, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$155k

Owner & transaction history

since 2020
Last sale
$155,000
1 recorded transaction
2020
$155,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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