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    OFF-MARKET
    Commercial real estate

    7309 Payne Ave, Dearborn, MI 48126

    Property ID
    US43-4217352
    Property summary
    AI-generated overview

    This exceptional 7309 Payne Ave. lot presents a unique investment opportunity in the desirable East Dearborn, Michigan area. Priced at $39,999, this vacant residential land parcel offers significant potential for development. Located in Wayne County, MI, zip code 48126, the property's coordinates are 42.3447925 latitude and -83.192275 longitude. Its expansive size provides ample space for a variety of development projects, catering to diverse needs and visions. The strategic location within East Dearborn ensures easy access to key amenities, major transportation routes, and the vibrant urban core. This prime location in a thriving community makes it an ideal site for those seeking to capitalize on the area's growth and potential. The property is classified as residential land, providing a blank canvas for developers to create a residential complex, or other suitable project. The property's accessibility and proximity to urban centers make it an attractive option for both residential and potentially mixed-use developments. This is a rare opportunity to acquire a substantial piece of land in a highly sought-after location. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US43-4217352
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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