2000 Chicago BlvdTecumseh, MI 49286

  • Commercial land
  • 72.66 AC
For Sale
$699,990 View listing

Property Details for 2000 Chicago Blvd

Lot size
72.66 AC
Zone code
B-3
Property type
Commercial land
APN
XT0-129-4050-15
APU
XT0129405015

Description

This exceptional 73.94-acre property in Tecumseh, Michigan, presents a unique investment opportunity. Boasting over 900 feet of frontage on M-50, a high-traffic main thoroughfare, this level to slightly rolling parcel offers unparalleled visibility and accessibility. The property's zoning is strategically divided: approximately 29 acres are zoned General Business, providing ample space for commercial development, while the remaining acreage is zoned Two-Family Residential, opening possibilities for residential construction. All public utilities are readily available, simplifying development plans. The location is surrounded by a thriving mix of established commercial businesses, retail outlets, newer single-family homes, and existing agricultural land, creating a dynamic and desirable environment. The APN is XT0-129-4050-15. This versatile property is ideally suited for a variety of uses, making it an attractive investment for developers and entrepreneurs seeking a prime location in a growing community. The address is 2000 W Chicago Blvd, Tecumseh, MI 49286. Asking price is $699,990.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $620,177,600
    Hospitality
    $568,079,360
    Educational
    $472,635,328
    Medical
    $488,889,984
    Retail
    $735,210,496

Location Insight

City
Tecumseh
County
Lenawee
State
Michigan
Latitude
42.0102
Longitude
-83.9726
CBSA code
10300
CBSA name
ADRIAN, MI MICROPOLITAN 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
$6,135
-
-
$780,900
-
-
-
$1,561,800

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