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Property profile & analytics
OFF-MARKET
Commercial real estate

700 Highland Rd Howell, MI 48843

1.65 ac lot
Property ID
US43-1840094
Property summary
AI-generated overview

This exceptional 1.65-acre commercial land parcel presents a remarkable opportunity for developers seeking a prime location in Howell, Michigan. Situated at 700 W Highland Road (M-59), this property boasts high visibility and convenient access. The land is zoned for Multiple Family Residential (MFR) use, opening up a range of development possibilities. With a total asking price of $120,000, the price per acre comes to $72,727. The property's APN is 06-26-200-001. Located in the desirable Howell Public School District, this site offers a compelling combination of location, zoning, and potential. Its prominent frontage on Highland Road ensures excellent exposure, making it an ideal location for a variety of multi-family residential projects. The 1.65-acre lot provides ample space for substantial development, catering to the growing demand for housing in the area. This is a rare opportunity to acquire a well-situated, commercially zoned parcel in a thriving Michigan community. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Lot 1.65 ac (71,874 SF)
APN 06-26-200-001
UPID US43-1840094
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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