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    Dexter Ann Arbor Rd & Carrington Dr Dexter, MI 48130

    Sponsored
    For Sale
    $950,000

    Prime Dexter location, 84,506 SF, great retail opportunity.

    Property size:
    84,506 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 1.94-acre commercial outlot, located at the intersection of Dexter Ann Arbor Road and Carrington Drive in Dexter, Michigan (48130), presents a compelling investment opportunity. The property boasts 366 feet of frontage on Dexter Ann Arbor Road, providing excellent visibility and accessibility. Zoned CM, this land is ideal for retail development. The site offers multiple ingress and egress points, ensuring convenient traffic flow for customers and employees. The asking price is $950,000, translating to $8.41 per square foot. Alternatively, a net lease (NNN) is available at a rate of $18.00 per square foot. The property's strategic location is adjacent to an existing 113,000 square foot retail complex, creating a synergistic environment and potentially attracting a significant customer base. The parcel's total area is 84,506 square feet (1.94 acres), offering ample space for a variety of retail developments. The property's APN is 08-08-200-021. This is a rare opportunity to acquire a highly visible and well-located commercial property in a thriving Michigan community.

    Property Features for 0 Dexter Ann Arbor Rd & Carrington Dr

    General Information

    Property type
    Individual retail properties
    Square Feet
    84,506 SF
    Lot Size
    84,506 SF

    HighLights

    • 1.94‑acre commercial outlot for sale or lease in Dexter, MI.
    • Excellent retail opportunity adjacent to a 113,000 SF retail center.
    • Multiple points of ingress and egress for convenient traffic flow.
    • High visibility with 366 feet of frontage on Dexter Ann Arbor Road.
    • NNN lease rate: $18.00/SF.
    • Purchase price: $950,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Dexter
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.8687445
    Latitude
    42.3254402

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    FAQs

    What type of property is this?
    Individual retail property - Prime Dexter location, 84,506 SF, great retail opportunity.
    Where is this individual retail property located?
    The property is located at Dexter Ann Arbor Rd & Carrington Dr Dexter, MI.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: 1.94-acre commercial outlot for sale or lease in Dexter, MI.; Excellent retail opportunity adjacent to a 113,000 SF retail center.; Multiple points of ingress and egress for convenient traffic flow.
    Request Owner's contact information
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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
    Dexter Ann Arbor Rd & Carrington Dr Dexter, MI 48130
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