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    OFF-MARKET
    Commercial real estate

    16488 Tecumseh St, Dundee, MI 48131

    1.06 ac lot Built 2021
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.06-acre commercial lot presents a remarkable opportunity for development in the thriving town of Dundee, Michigan. Situated at 16488 Tecumseh, this property boasts 220 feet of frontage on Cabela Blvd, offering unparalleled visibility and accessibility. The lot is part of the TLCCU Commons Condominium, a fully approved development providing essential utilities including village water, sanitary sewer, natural gas, electricity, storm drainage, and a private roadway. Comprehensive infrastructure is already in place, eliminating significant upfront development costs and streamlining the construction process. The property is zoned B-2, General Business District, allowing for a wide range of commercial uses. Its strategic location next to Cabela's ensures high traffic counts, maximizing potential customer exposure and return on investment. This is an ideal site for businesses seeking a prominent presence in a rapidly growing area. While this listing focuses on the 1.06-acre Unit 4, it's important to note that an adjacent 1.89-acre parcel (Unit 3) is also available for purchase, creating the possibility of acquiring a combined 2.95 acres for a larger-scale development. The asking price for this exceptional opportunity is $362,000.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2021
    Lot 1.06 ac (46,174 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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