58700 Rosell Rd, New Haven, MI 48048
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.