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    OFF-MARKET
    Land

    20874 Dix Toledo Rd, Brownstown Charter Township, MI 48183

    6.1 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 6.1-acre commercial land parcel, located at 20874 Dix-Toledo Road in Brownstown Charter Township, Michigan, presents a compelling investment opportunity. The property boasts a highly desirable B-3 zoning classification, opening doors to a wide range of commercial development possibilities. With an impressive 295 feet of frontage on Dix-Toledo Road, the site benefits from strong traffic counts and favorable demographics, ensuring high visibility and accessibility for any future business. Potential uses are numerous and include, but are not limited to, banks, car washes, medical facilities, or retail strip developments. The site is conveniently located in Wayne County, Michigan, with the zip code 48183, and offers the advantage of readily available utilities. Priced at $399,999, this translates to a land value of $66,666 per acre, representing a significant value proposition in this thriving market. The property's strategic location and versatile zoning make it an ideal choice for investors seeking a prime commercial development site with substantial growth potential. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

    Property profile
    Verified
    Property type Land
    Lot 6.1 ac (265,716 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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