0 Dexter Ann Arbor Rd & Carrington Dr Dexter, MI 48130
This exceptional 1.94-acre commercial outlot, located at the intersection of Dexter Ann Arbor Road and Carrington Drive in Dexter, Michigan (48130), presents a compelling investment opportunity. The property boasts 366 feet of frontage on Dexter Ann Arbor Road, providing excellent visibility and accessibility. Zoned CM, this land is ideal for retail development. The site offers multiple ingress and egress points, ensuring convenient traffic flow for customers and employees. The asking price is $950,000, translating to $8.41 per square foot. Alternatively, a net lease (NNN) is available at a rate of $18.00 per square foot. The property's strategic location is adjacent to an existing 113,000 square foot retail complex, creating a synergistic environment and potentially attracting a significant customer base. The parcel's total area is 84,506 square feet (1.94 acres), offering ample space for a variety of retail developments. The property's APN is 08-08-200-021. This is a rare opportunity to acquire a highly visible and well-located commercial property in a thriving Michigan community.
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.