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    320 Squires Dr Milan, MI 48160

    Sponsored
    For Sale
    $190,000

    Prime 3.5-acre industrial lot in Milan, MI.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.5-acre parcel is situated within Milan's thriving Industrial Park, offering a unique opportunity for development. Zoned IR (Industrial and Research), this property boasts convenient access to city water and sewer services, significantly reducing infrastructure costs. The lot features substantial frontage on paved city-maintained roads, ensuring easy accessibility and visibility. A survey is available upon request for potential buyers. The property's location within a growing community provides a strong foundation for long-term investment, with established businesses as neighbors. Its strategic proximity to Ann Arbor (approximately 20 minutes away) and the US-23 corridor near Toledo offers excellent connectivity to major transportation routes and a large workforce pool. This Class A property presents a compelling investment opportunity for businesses seeking a prime location in a dynamic and expanding market. The asking price is $190,000. The parcel's APN is 58-53-045-006-01. The property is privately owned and offered for sale directly by the owner. This is a flex, R&D, and warehouse-suitable site.

    Property Features for 320 Squires Dr

    General Information

    Property type
    Life science properties
    Class
    A
    Lot Size
    152,460 SF

    HighLights

    • 3.5‑acre parcel in Milan's Industrial Park, zoned IR (Industrial and Research).
    • City water and sewer available, reducing infrastructure costs.
    • Significant paved road frontage for easy access and visibility.
    • Located in a growing community near Ann Arbor and US‑23, offering strong long‑term investment potential.
    • Asking price: $190,000; APN: 58‑53‑045‑006‑01; Owner‑direct sale.
    • Suitable for flex, R&D, and warehouse uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    Suggested Use

    Restaurant Realty agency Building Supply Auto Repair Shop Hotel & Motel Gym & Fitness Auto Parts Store Kitchen & Bath Storage Facility Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Milan
    County
    Monroe
    State
    Michigan
    Longitude
    -83.690515118505
    Latitude
    42.07539055221

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    FAQs

    What type of property is this?
    Life science property - Prime 3.5-acre industrial lot in Milan, MI.
    Where is this life science property located?
    The property is located at 320 Squires Dr Milan, MI.
    What is the asking price?
    The asking price for this property is $190,000.
    What are key features of this property?
    This property features: 3.5-acre parcel in Milan's Industrial Park, zoned IR (Industrial and Research).; City water and sewer available, reducing infrastructure costs.; Significant paved road frontage for easy access and visibility.
    Request Owner's contact information
    320 Squires Dr Milan, MI 48160
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    Milan, MI 48160
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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
    320 Squires Dr Milan, MI 48160
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