0 Euclid Ave, Allen Park, MI 48101
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.
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
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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.