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    OFF-MARKET
    Land

    0 New York St, Dearborn Heights, MI 48125

    0.17 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 0.17 ac (7,405 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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