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    3574 Fort St Lincoln Park, MI 48146

    Sponsored
    For Sale
    $1,120,000

    1.52 Acres, Prime Location, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.52-acre commercial land parcel, located at 3574 Fort Street in Lincoln Park, Michigan, presents a unique investment opportunity. Situated in the desirable Downriver South submarket, this property boasts an MX-2 zoning designation, opening doors to a variety of development possibilities. The expansive lot size offers ample space for projects such as housing developments or self-storage facilities, catering to the area's growing needs. The property's address is 3574 Fort St, Lincoln Park, MI 48146, with Wayne County as its jurisdiction. The APN is 45-018-06-0459-303. Its strategic location within a populated area ensures high visibility and accessibility, further enhancing its investment potential. The asking price for this exceptional property is $1,120,000. The large lot size allows for ample parking spaces, a significant advantage for any future development. This is a for sale by owner listing. This prime commercial land presents a rare opportunity for developers seeking a well-positioned site in a thriving community. Don't miss out on this chance to acquire a valuable asset with significant upside potential.

    Property Features for 3574 Fort St

    General Information

    Property type
    Land
    Lot Size
    66,211 SF

    HighLights

    • $1,120,000 asking price.
    • 1.52‑acre commercial land parcel.
    • Located at 3574 Fort St, Lincoln Park, MI 48146 (APN: 45‑018‑06‑0459‑303).
    • MX‑2 zoning.
    • For sale by owner.
    Property Profile Location Intelligence

    Current Use by Public Records

    Emmett Lincoln Park ... Recycling Center Entertained Portable Toilets ... Portable Toilet Supplier

    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
    Lincoln Park
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1810194
    Latitude
    42.2332457

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    FAQs

    What type of property is this?
    Land - 1.52 Acres, Prime Location, Development Ready
    Where is this land located?
    The property is located at 3574 Fort St Lincoln Park, MI.
    What is the asking price?
    The asking price for this property is $1,120,000.
    What are key features of this property?
    This property features: $1,120,000 asking price.; 1.52-acre commercial land parcel.; Located at 3574 Fort St, Lincoln Park, MI 48146 (APN: 45-018-06-0459-303).
    Request Owner's contact information
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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
    3574 Fort St Lincoln Park, MI 48146
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