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    Land

    0 2.76 Acres – Reeck Rd, Southgate, MI 48195

    2.76 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.76-acre parcel of land, located in Southgate, Michigan, presents a remarkable opportunity for industrial development. Situated in Wayne County, with a zip code of 48195, this property boasts a Light Industrial zoning designation, making it suitable for a variety of commercial and distribution uses. The lot is conveniently located at 2.76 Acres – Reeck Road, offering excellent freeway visibility and accessibility. The property features a flat and cleared site, simplifying development and minimizing site preparation costs. The asking price for this strategically positioned land is $750,000, translating to an attractive price per acre of $271,739. The property's APN is 53-004-99-0005-706. Its ideal dimensions and location make it a highly desirable asset for businesses seeking to establish or expand their operations in a thriving industrial area. Don't miss this chance to acquire a prime piece of land with significant development potential. Contact us today to learn more.

    Property profile
    Verified
    Property type Land
    Lot 2.76 ac (120,226 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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