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    811 Dix Hwy Lincoln Park, MI 48146

    Sponsored
    For Sale
    $500,000

    1.04-Acre Hard Corner Site, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.04-acre commercial land parcel presents a prime development opportunity in Lincoln Park, Michigan. Situated at the highly visible hard corner of Dix Highway and Outer Drive, this property boasts exceptional visibility and accessibility. The site is zoned MBD (Municipal Business), offering a range of development possibilities. With over 320,000 people residing within a 5-mile radius, this location guarantees a substantial customer base. The high traffic counts of 23,768 vehicles per day on Outer Drive and 22,088 vehicles per day on Dix Highway ensure maximum exposure for any development. This property is ideal for businesses seeking a prominent location with significant foot and vehicle traffic. Its strategic location and zoning make it suitable for a variety of commercial ventures. The asking price for this exceptional development opportunity is $500,000. This hard corner lot offers unparalleled potential for significant return on investment. The address is 811 Dix Hwy, Lincoln Park, MI 48146. Don't miss this chance to acquire a highly desirable commercial property in a thriving area. Serious inquiries only.

    Property Features for 811 Dix Hwy

    General Information

    Property type
    Land
    Lot Size
    45,302 SF

    HighLights

    • 1.04‑acre hard corner lot in Lincoln Park, MI, ideal for development.
    • High‑density location with over 320,000 residents within a 5‑mile radius.
    • Exceptional visibility at the hard corner of Dix Highway and Outer Drive.
    • High traffic counts: 23,768 vehicles per day (VPD) on Outer Drive and 22,088 VPD on Dix Highway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lincoln Park Access ... Hardware Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln Park
    County
    Wayne
    State
    Michigan
    Longitude
    -83.18138266605
    Latitude
    42.269467551326

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    FAQs

    What type of property is this?
    Land - 1.04-Acre Hard Corner Site, High Traffic
    Where is this land located?
    The property is located at 811 Dix Hwy Lincoln Park, MI.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: 1.04-acre hard corner lot in Lincoln Park, MI, ideal for development.; High-density location with over 320,000 residents within a 5-mile radius.; Exceptional visibility at the hard corner of Dix Highway and Outer Drive.
    (248) 851-8900
    Request Owner's contact information
    811 Dix Hwy Lincoln Park, MI 48146
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    Lincoln Park, MI 48146
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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
    811 Dix Hwy Lincoln Park, MI 48146
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