For Sale
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Property summary
This exceptional 1.22-acre commercial land parcel, located at 5472 W Michigan Ave in Ypsilanti, Michigan, presents a unique investment opportunity. Situated on the northeast corner of Michigan Avenue (US-12) and Carpenter Road, this property boasts excellent visibility and accessibility. With 212 feet of frontage on Michigan Avenue and 100 feet on Carpenter Road, the site offers ample space for a variety of commercial developments. The property wraps around the Harvest Moon Restaurant, providing a strategic location within an established commercial area. The lot is flat, free of wetlands, and features readily available water and sewer connections. Existing curb cuts on both roads simplify access and development plans. A survey, topographic study, and soil borings are available for review, facilitating a streamlined development process. The property is zoned C-2, offering flexibility for various commercial uses. The APN is L-12-24-200-018. This is a rare opportunity to acquire a prime commercial site in a high-traffic area with all utilities in place, making it an attractive investment for developers and businesses alike. The asking price is $795,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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