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    Dixie Hwy/Benore Rd Erie, MI 48133

    Sponsored
    For Sale
    $2,000,000

    97 Acres, Rail Access, Monroe County

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 97.05-acre industrial land parcel presents a unique investment opportunity in Erie, Michigan, within Monroe County. Zoned AC/Agriculture, the property boasts significant potential for various industrial uses. A key advantage is its prime location bordering Class 1 railroad tracks owned by CSX Transportation. While there's no on-site spur currently, the property shares a nearly half-mile border with the railroad, making the construction of a new spur a feasible prospect, pending coordination with CSX. This proximity to the rail line, coupled with its location just eight miles from a Toledo rail yard, makes it ideally suited for businesses requiring efficient rail transport. The site's characteristics are particularly well-suited for an intermodal yard catering to bulk goods or automotive roll-on/roll-off (RORO) traffic. The asking price is $2,000,000, translating to $21,000 per acre. The property's address is Dixie Hwy/Benore Rd, Erie, MI 48133, and its APN is 030-004-00. This substantial acreage offers significant development potential for businesses seeking strategic access to rail infrastructure and a convenient location. Serious inquiries are encouraged.

    Property Features for 0 Dixie Hwy/Benore Rd

    General Information

    Property type
    Land
    Lot Size
    4,227,498 SF

    HighLights

    • Class A rail access via CSX Transportation bordering the west property line.
    • Eight‑mile proximity to Toledo rail yard.
    • Half‑mile frontage on CSX rail line; spur construction feasible, subject to CSX coordination.
    • Ideal location for intermodal yard, accommodating bulk or RORO cargo.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Erie
    County
    Monroe
    State
    Michigan
    Longitude
    -83.5168756
    Latitude
    41.7572928

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    FAQs

    What type of property is this?
    Land - 97 Acres, Rail Access, Monroe County
    Where is this land located?
    The property is located at Dixie Hwy/Benore Rd Erie, MI.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: Class A rail access via CSX Transportation bordering the west property line.; Eight-mile proximity to Toledo rail yard.; Half-mile frontage on CSX rail line; spur construction feasible, subject to CSX coordination.
    Request Owner's contact information
    Dixie Hwy/Benore Rd Erie, MI 48133
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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
    Dixie Hwy/Benore Rd Erie, MI 48133
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