1370 Mason RdHowell, MI 48843

Property Details for 1370 Mason Rd

Year built

1969

Lot size

11.48 AC

Property size (Sq ft)

1,120 SF

Zone code

NSC

Property type

Commercial real estate

APN

06-35-300-010

APU

635300010

Description

This exceptional 11.48-acre commercial property in Howell, Michigan, presents a significant investment opportunity. Strategically located on Mason Road with direct adjacency to I-96, this site offers unparalleled accessibility and high visibility. The property includes a residential home and a block building currently used for storage, both of which contribute to the overall value but are secondary to the land's potential. The substantial acreage is zoned commercial, opening doors to a wide range of development possibilities. The property's size and location make it ideal for various industrial, commercial, or mixed-use projects. While sewer and water services are available to adjacent properties, connection feasibility should be independently verified. The asking price of $850,000 reflects the significant land value and prime location. The existing structures offer immediate utility or potential for redevelopment, adding further flexibility to this compelling investment. The 1,120 square foot building provides immediate storage or workspace while the home could be renovated or removed to maximize development potential. This property is a rare find, combining substantial acreage with exceptional location and commercial zoning. Serious inquiries are encouraged to explore the full potential of this remarkable opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $217,295

  6.5%

  $200,580

  7%

  $186,252

• Comparable approach

  Method

  Valuation

  Relative Method

  $104,765

  Geo Method

  $104,765

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $389,666

  Retail / Commercial

  $200,842

  Mixed-Use / Specialty

  $200,933

  Hospitality / Lodging

  $148,468

  Office

  $200,580

  Institutional / Educational

  $209,178

  Residential Income

  $244,738

  Multifamily

  $289,053

  Automotive / Energy

  $179,295

  Parking / Income-Based Land

  $61,075.60

  Restaurant / Food Service

  $106,229

  Healthcare / Senior Housing

  $205,226

Location Insight

City

Howell

County

Livingston

State

Michigan

Latitude

42.6019

Longitude

-83.9529

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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