0 New York St, Dearborn Heights, MI 48125
This exceptional 0.17-acre commercial land parcel presents a unique investment opportunity in Dearborn Heights, Michigan. Located on New York Street, this property boasts convenient access to local amenities and infrastructure. The lot, identified by APN 33-038-01-0208-002, measures 60 feet by 128 feet and is currently zoned for residential use. This presents potential for various development projects, subject to local planning and zoning approvals. The asking price is $9,000. Utilities are available on-site, simplifying the development process. This offering includes two contiguous lots sold together, providing a larger, more versatile development footprint. The property's location in Wayne County, Michigan, within the 48125 zip code, offers easy access to major transportation routes and a thriving community. Serious inquiries are encouraged to explore the possibilities of this promising land parcel. Further details regarding zoning regulations and development potential are readily available upon request. Don't miss this chance to acquire a valuable piece of land in a desirable location.
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.