Property profile

50841 Michigan Ave Van Buren Charter Belleville, MI 48111

OFF-MARKET
Commercial land
Property ID
US43-Q018239
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Property summary

AI-generated overview

COMMERCIAL LAND OPPORTUNITY CONSISTING OF AN APPROXIMATE 2.66-ACRE ASSEMBLAGE WITH 292FT of FRONTAGE ON MICHIGAN AVENUE IN VAN BUREN TOWNSHIP. THE PROPERTY OFFERS STRONG VISIBILITY AND TRAFFIC EXPOSURE ALONG A MAJOR COMMERCIAL CORRIDOR, MAKING IT SUITABLE FOR A VARIETY OF DEVELOPMENT CONCEPTS SUBJECT TO TOWNSHIP APPROVALS. UTILITIES INCLUDING WATER, SEWER, AND ELECTRIC ARE AVAILABLE AT THE SITE. MULTI-PARCEL ASSEMBLAGE PROVIDING FLEXIBILITY AND SCALE FOR FUTURE DEVELOPMENT. BUYER TO VERIFY ZONING, PERMITTED USES, AND ANY REQUIRED MUNICIPAL APPROVALS. WELL-POSITIONED LOCATION WITH CONVENIENT ACCESS TO SURROUNDING COMMERCIAL AREAS AND MAJOR ROADWAYS. IDEAL FOR INVESTORS OR DEVELOPERS SEEKING A HIGH-VISIBILITY, MULTI-ACRE SITE WITH LONG-TERM POTENTIAL.PARCEL IDS INCLUDE: 83-022-01-0015-001, 83-022-01-0014-001, 83-022-01-0013-001.

Property profile

Verified
Property type Commercial land
UPID US43-Q018239

Cap rate & NOI

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

Location

50841 Michigan Ave, Unit Van Buren Charter Belleville, MI 48111
Belleville metro
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

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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