48300 Willow RdBelleville, MI 48111

  • Commercial land
  • 680 SF
For Sale
$950,000 View listing

Property Details for 48300 Willow Rd

Year built
1948
Lot size
49.35 AC
Property size (Sq ft)
680 SF
Property type
Commercial land
APN
81 080 99 0013 000
APU
81080990013000

Description

This exceptional 49.35-acre Belleville, MI, industrial property presents a unique investment opportunity. Currently operating as a peaceful cemetery, it boasts over 30,000 available plots, offering significant future growth potential. The existing infrastructure includes a recently renovated chapel (new roof, siding, and interior updates), providing ample space for memorial services with expansion possibilities. A convenient on-site office and garage are included, along with all necessary equipment, inventory, and tools for continued operation. The sale includes the existing business, allowing for immediate revenue generation. Further expansion opportunities exist within the undeveloped acreage, potentially for private cemetery areas, memorial gardens, family plots, personal mausoleums, or other business ventures. The property's 680 square foot main building provides ample space for administrative functions. The existing vault and headstone business also presents a lucrative avenue for expansion. This turnkey operation offers a rare blend of established income and substantial future development potential. The property's size and existing infrastructure make it an ideal acquisition for an entrepreneur seeking a stable, growing business with significant upside.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $133,242
    Hospitality
    $122,049
    Educational
    $101,543
    Medical
    $105,036
    Retail
    $157,956
48300 Willow Rd, Belleville, Michigan

Location Insight

City
Belleville
County
Wayne
State
Michigan
Latitude
42.117
Longitude
-83.5062
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$32
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