0 Superior St, Southgate, MI 48195
This exceptional 6.97-acre commercial land parcel presents a unique investment opportunity in Southgate, Michigan. Located on Superior Street, this property boasts a desirable R-1 (Residential) zoning classification, offering considerable development potential. The expansive lot, measuring approximately 753 feet by 402 feet, is ideally situated amidst high-end homes, suggesting a strong potential for high-value residential projects. The asking price is $350,000, translating to a competitive $50,000 per acre. The property's location in Wayne County, Michigan, with a zip code of 48195, provides easy access to major transportation routes and amenities. The parcel's size and zoning make it suitable for a variety of development options, appealing to both seasoned developers and investors seeking a promising land acquisition in a thriving community. The property's APN is 53-015-99-0065-704. This is a rare opportunity to acquire a substantial land holding in a sought-after area. Serious inquiries are encouraged.
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.