16488 Tecumseh St, Dundee, MI 48131
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.