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Washtenaw 48176
3510 Textile
$62,000
● Land - Off Market

3510 Textile

Saline, MI 48176
bedrooms
Studio
bathrooms
0 Bath
$121,465
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

Ready-to-build site on paved roads in Lodi Township. Perk test approved, driveway permit approved, site plan for 2000sf ranch home available on request.
Unit Size
-
Days on Market
-
Land Size
1.53 acres
Price per sqft
-
Property Type
Land
Property Taxes
$23
HOA Dues
-
Year Built
2018

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #21973)

Price History

Date / Event Date Event Price
Sep 14, 2023 Sold
Premium
Sold
Aug 4, 2023 Sold
Premium
Sold
Jun 23, 2023 Listed by Real Estate One $589,900
Listed by Real Estate One
Sep 12, 2019 Sold
Premium
Sold
Oct 17, 2018 Listed by Real Estate One $489,000
Listed by Real Estate One
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 2,287
  • Garage Type: 7
  • Garage Square Area: 804
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 67,082
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,287
  • Building Area: 2,287
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,287
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001540
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: REWRITE PER WD L5216 P917 LO 23-111A-1A-2C PCL C BEG AT SE COR SEC 23, TH N89-35-40 W 281.65 FT, TH N 00-17-45 E 236.95 FT,

Neighborhood

  • School District Name: Saline Area Schools
  • School Tax School District: SALINE
  • Census Tract: 425000

Zoning

  • Zoning: R-1

Geography

  • District: M
  • Parcel: M -13-23-400-007
  • Block: 400
  • Meridian: SEC 02 TWN 03S RNG 05E
  • Municipality: LODI TWP
  • Latitude: 42.1989
  • Longitude: -83.7975

    Address

  • Full Address: 3510 Textile Rd
  • Address - House Number: 3510
  • Address - Street Name: Textile
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Saline
  • Carrier Code: R002
  • 4-Digit Zip Code: 8893
  • Zip Code: 48176

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $763,949
  • Tax Rate Code Area: M -13

    Appraisal Valuation

  • Standard Deviation: 0.1574
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 80
  • Final Value: 627,125
  • High Value: 725,861
  • Low Value: 528,388

    Market Valuation

  • Market Total Value: $554,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $277,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 02, 2023
  • Current Sale Recording Date: Sep 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6699491
  • Previous Sale Recording Date: Sep 12, 2019
  • Previous Sale Contract Date: Aug 27, 2019
  • Previous Sale Amount: $480,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Washtenaw

Stats & Trends

Median Asking:

$449,900

Sale Price/ft²

$230

Below Asking

0.02%

Average Days on Market

48

Average Home Size

2064 ft²

Average Home Age

57.8 years

Currently For Sale

671 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1227 Colony Drive, Saline, MI, 48176

$3,400 /mo

  • 4 Beds
  • 2 Baths
  • 1,670 ft²
1227 Colony Drive, Saline, MI, 48176 Listing by Angela Rasmussen

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Vance Shutes, Real Estate One
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21973
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 3510 Textile Road built and last sold?
The property at 3510 Textile Road was built in 2018 and last sold on Aug 2, 2023 for $615,000.
How much is this home worth?
The estimated value of the home located at 3510 Textile Road is $587,866.
What are some comparable homes to 3510 Textile Road?
There are currently no comparable homes to 3510 Textile Road.
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