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    20874 Dix Toledo Rd Brownstown Charter Township, MI 48183

    Sponsored
    For Sale
    $399,999

    6.1 Acres, B-3 Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 6.1-acre commercial land parcel, located at 20874 Dix-Toledo Road in Brownstown Charter Township, Michigan, presents a compelling investment opportunity. The property boasts a highly desirable B-3 zoning classification, opening doors to a wide range of commercial development possibilities. With an impressive 295 feet of frontage on Dix-Toledo Road, the site benefits from strong traffic counts and favorable demographics, ensuring high visibility and accessibility for any future business. Potential uses are numerous and include, but are not limited to, banks, car washes, medical facilities, or retail strip developments. The site is conveniently located in Wayne County, Michigan, with the zip code 48183, and offers the advantage of readily available utilities. Priced at $399,999, this translates to a land value of $66,666 per acre, representing a significant value proposition in this thriving market. The property's strategic location and versatile zoning make it an ideal choice for investors seeking a prime commercial development site with substantial growth potential. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

    Property Features for 20874 Dix Toledo Rd

    General Information

    Property type
    Land
    Lot Size
    265,716 SF

    HighLights

    • 6.1‑acre site.
    • B‑3 zoning.
    • 295' of frontage on Dix‑Toledo Road.
    • High traffic counts and strong demographics.
    • Suitable for banks, car washes, medical facilities, or retail strip centers.
    • Utilities available on‑site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brownstown Charter Township
    County
    Wayne
    State
    Michigan
    Longitude
    -83.254362
    Latitude
    42.155043

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    FAQs

    What type of property is this?
    Land - 6.1 Acres, B-3 Zoning, High Traffic
    Where is this land located?
    The property is located at 20874 Dix Toledo Rd Brownstown Charter Township, MI.
    What is the asking price?
    The asking price for this property is $399,999.
    What are key features of this property?
    This property features: 6.1-acre site.; B-3 zoning.; 295' of frontage on Dix-Toledo Road.
    (248) 226-1814
    Request Owner's contact information
    20874 Dix Toledo Rd Brownstown Charter Township, MI 48183
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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
    20874 Dix Toledo Rd Brownstown Charter Township, MI 48183
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