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    Main St Adrian, MI 49221

    Sponsored
    For Sale
    $80,000

    1.1-acre lot, prime location, residential zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.1-acre commercial land parcel presents a unique investment opportunity in Adrian, Michigan. Located at the intersection of Siena Heights Drive and North Main Street, this property boasts high visibility and convenient access. Zoned for residential use, it offers significant potential for various development projects. The strategic location adjacent to a busy 24-hour CVS Pharmacy ensures high traffic volume and excellent exposure. Its proximity to Siena Heights University and downtown Adrian further enhances its appeal, providing access to a substantial population base and a vibrant community. The asking price of $80,000 represents an attractive entry point for investors seeking to capitalize on the growth potential of this desirable area. The property's 1.1-acre size provides ample space for a range of development possibilities, making it an ideal choice for both experienced developers and new investors. Detailed zoning information is readily available upon request. Don't miss this chance to acquire a valuable piece of land in a thriving Michigan community.

    Property Features for 0 Main St

    General Information

    Property type
    Land
    Lot Size
    47,916 SF

    HighLights

    • 1.1‑acre commercial land parcel available for $80,000.
    • Located adjacent to a busy 24‑hour CVS Pharmacy.
    • Residential zoning.
    • Minutes from Siena Heights University and downtown Adrian, MI.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Adrian
    County
    Lenawee
    State
    Michigan
    Longitude
    -84.0314951
    Latitude
    41.9071781

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    FAQs

    What type of property is this?
    Land - 1.1-acre lot, prime location, residential zoning.
    Where is this land located?
    The property is located at Main St Adrian, MI.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: 1.1-acre commercial land parcel available for $80,000.; Located adjacent to a busy 24-hour CVS Pharmacy.; Residential zoning.
    (248) 540-1000
    Request Owner's contact information
    Main St Adrian, MI 49221
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    Adrian, MI 49221
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Main St Adrian, MI 49221
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