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    OFF-MARKET
    Land

    0 Euclid Ave, Allen Park, MI 48101

    0.37 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.37-acre commercial land parcel in Allen Park, Michigan, presents a unique investment opportunity. Located on Euclid Avenue, in Wayne County, zip code 48101 (42.267684, -83.2056197), this property is zoned Residential (R1B) and offers significant potential for development. The site is conveniently situated and boasts a mostly cleared and flat terrain, making it ideal for various commercial ventures. The property comprises three separate lots, each with its own dimensions and potential. Lot A encompasses 0.24 acres (80' x 129'), while Lot B measures 0.13 acres (45' x 129'). The total acreage is 0.37 acres. This flexibility allows for individual lot sales or a combined development approach. Utilities are readily available, simplifying the construction process. The asking price for the entire 0.37-acre parcel is $25,000. This represents a compelling entry point into the Allen Park commercial real estate market. Don't miss this chance to acquire a versatile and well-located property with significant upside potential. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Land
    Lot 0.37 ac (16,117 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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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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