Property profile

0 Superior St Southgate, MI 48195

OFF-MARKET
Land
6.97 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 6.97 ac (303,613 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Superior St Southgate, MI 48195
Southgate metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Superior St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message