Commercial Land Redevelopment
For Sale
$15,000,000
23400 Michigan Ave, Dearborn, MI 48124
BB-zoned corner parcel with access to I-94, M-39, and Telegraph Road.
Property Size553,185 SF
Days on Market36
Property Features for 23400 Michigan Ave
General Information
Standard status
Active
Size
553,185 SF
Property subtype
VacantLand
Building Details
Building Size
553,185 SF
Year Built
1968
Units
823
Listing Agency:
Signature Associates
Listed By:
Steve Gordon · License #6502134760
Source:
Commercialcafe
Added: Sep 1
Changed: Oct 4
Last Checked: Oct 5 at 3:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Associates
Investment Insights
Based on property information with market context.
This approximately 10.50-acre commercial land assemblage occupies the intersection of Michigan Ave and Outer Dr in Dearborn. The property is positioned for redevelopment and carries BB zoning, with frontage along two established corridors.
Regional access includes I-94, M-39, and Telegraph Road. The site is near national retailers, established residential neighborhoods, Downtown Dearborn, Ford, UofM Dearborn, and Corewell Health. The marketing information identifies potential flexibility for retail, residential, medical, educational, hospitality, office, and other commercial concepts; permitted uses should be confirmed through the applicable zoning and approval process.
Regional access includes I-94, M-39, and Telegraph Road. The site is near national retailers, established residential neighborhoods, Downtown Dearborn, Ford, UofM Dearborn, and Corewell Health. The marketing information identifies potential flexibility for retail, residential, medical, educational, hospitality, office, and other commercial concepts; permitted uses should be confirmed through the applicable zoning and approval process.
Key Highlights
- Approximately 10.50 acres of commercial land
- Corner position at Michigan Ave and Outer Dr
- BB zoning designation
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,007
Businesses Nearby
Explore this area
Business Placement
Demographics for 48124, MI
34,134
Population
14,787
Households
2.3
Avg Household Size
39
Median Age
40%
College-Educated
94%
High-School Grad
8.8 sq mi
ZIP Area
3,879
Density / Sq Mi
$78,353
Median Household Income
$49,103
Median Earnings
$1,280
Median Rent
$192,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - BB-zoned corner parcel with access to I-94, M-39, and Telegraph Road.
Where is this commercial land located?
The property is located at 23400 Michigan Ave Dearborn, MI.
What is the asking price?
The asking price for this property is $15,000,000.
What are key features of this property?
This property features: Approximately 10.50 acres of commercial land; Corner position at Michigan Ave and Outer Dr; BB zoning designation
