Property profile

58700 Rosell Rd New Haven, MI 48048

OFF-MARKET
Land
Property ID
US43-1667669
11.5 ac lot
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Property summary

AI-generated overview

This exceptional 11.5-acre commercial land parcel presents a unique investment opportunity in New Haven, Michigan. Located at 58700 Rosell, this property boasts a generous 367' x 1,215' lot size and is zoned for Multiple-Family and MS uses, offering significant development potential. The asking price is $199,000, translating to a land value of $0.40 per square foot. Conveniently situated just south of 27 Mile Road and adjacent to the city of New Haven, the property benefits from readily available city water and sewer services. While the land currently features trees and scrub brush, along with a 30' x 40' garage, its size and zoning make it ideal for a variety of commercial projects. The property is identified by APN 06-33-103-035 and will be split from this larger parcel. An Alta survey is available for serious buyers to facilitate due diligence and planning. This is a rare opportunity to acquire a sizable, well-located commercial parcel at an attractive price, making it an ideal investment for developers seeking a prime location with excellent infrastructure. Don't miss this chance to secure this highly desirable property.

Property profile

Verified
Property type Land
Lot 11.5 ac (500,940 SF)
UPID US43-1667669

Cap rate & NOI

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

Location

58700 Rosell Rd New Haven, MI 48048
New Haven metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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