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    Allen Rd And Pennsylvania Rd Southgate, MI 48193

    Sponsored
    For Lease
    Contact for pricing

    0.2-Acre Commercial Lot for Lease

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.2-acre commercial land parcel presents a unique investment opportunity in Southgate, Michigan. Located at the intersection of Allen Road and Pennsylvania Road, this single-tenant property offers unparalleled visibility and accessibility. The lot's size provides ample space for a variety of commercial developments, making it ideal for businesses seeking a strategic location within Wayne County. The property is zoned for commercial use (specific zoning details available upon request). Utilities are readily available, simplifying the development process and minimizing upfront costs. This prime location benefits from high traffic counts and proximity to major roadways, ensuring excellent exposure for any business. The property is currently available for lease, offering a flexible and cost-effective entry point into the thriving Southgate market. Given its strategic location and size, this land parcel represents a compelling investment opportunity for businesses seeking to establish a strong presence in a high-growth area. Interested parties are encouraged to contact us to discuss lease terms and explore the potential of this exceptional property. The property address is Allen Road and Pennsylvania Road, Southgate, MI 48193. Further details regarding the property's specifications and potential uses are available upon request. Don't miss this chance to secure a prime commercial location in a dynamic and growing community.

    Property Features for 0 Allen Rd And Pennsylvania Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available space
    Size
    8,712 SF

    HighLights

    • 10.8‑acre vacant land parcel, ideal for development.
    • Zoned for commercial use, allowing for a variety of development options.
    • Excellent visibility and accessibility from a major thoroughfare.
    • Utilities readily available at the site.
    • Prime location in a rapidly growing area with high demand for commercial space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Southgate
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2280521
    Latitude
    42.1842802

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    FAQs

    What type of property is this?
    Land - 0.2-Acre Commercial Lot for Lease
    Where is this land located?
    The property is located at Allen Rd And Pennsylvania Rd Southgate, MI.
    What are key features of this property?
    This property features: 10.8-acre vacant land parcel, ideal for development.; Zoned for commercial use, allowing for a variety of development options.; Excellent visibility and accessibility from a major thoroughfare.
    Request Owner's contact information
    Allen Rd And Pennsylvania Rd Southgate, MI 48193
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    Southgate, MI 48193
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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
    Allen Rd And Pennsylvania Rd Southgate, MI 48193
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