21500 Allen Rd, Woodhaven, MI 48183
This exceptional 3-acre vacant commercial land parcel presents a unique investment opportunity in the thriving Woodhaven, Michigan market. Located at 21500 Allen Road, this property boasts a highly desirable PUD zoning designation, opening doors to a wide range of development possibilities. The expansive lot size offers significant potential for various commercial ventures, capitalizing on the exceptional daily traffic volume of approximately 20,000 vehicles. Situated in Wayne County, this strategically located site provides easy access to major transportation arteries, ensuring high visibility and convenient accessibility for businesses and customers alike. The property's single-tenant designation offers flexibility and control for developers. With its substantial size and prime location, this land parcel represents a rare chance to establish a significant commercial presence in a rapidly growing area. The address is 21500 Allen Rd, Woodhaven, MI 48183. The property is zoned PUD and offers significant development potential given its size and location. This is a single-tenant property, ideal for a large-scale development. The high daily traffic count of approximately 20,000 vehicles makes this an ideal location for businesses seeking high visibility and accessibility.
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.