66020 Van Dyke Ave Washington, MI 48095
This exceptional retail property, located at 66020-66152 Van Dyke Avenue in Washington, Michigan (48095), presents a unique investment opportunity. The property consists of two single-story buildings totaling 5,000 square feet on a generous 8.37-acre lot. Currently, the entire 5,000 square feet is vacant, offering immediate occupancy for a single tenant. Built in 1970, the property boasts ample parking with 318 spaces, ensuring convenient access for customers. The zoning is designated GC, providing flexibility for a variety of retail uses. The property's location at the intersection of Van Dyke Avenue and 30 Mile Road offers excellent visibility and accessibility. The property's two buildings are situated on two separate parcels, APN 24-04-11-176-004 and 24-04-11-176-014. The building's floor area ratio (FAR) is 71,894. This presents a rare chance to acquire a substantial retail space in a desirable location with significant potential for growth and development. The property is classified as a Village Shopping Center, offering a strong foundation for a thriving retail business. The substantial land area provides ample room for expansion or future development. This is an ideal opportunity for an investor seeking a high-visibility retail location in a growing Michigan community.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.