Property profile

16484 Tecumseh St Dundee, MI 48131

OFF-MARKET
Land
0.82 ac lot
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Property summary

AI-generated overview

This exceptional 0.82-acre commercial lot is located at 16484 Tecumseh St, Dundee, MI 48131, in Monroe County. Zoned B-2 (General Business District), this property presents a unique opportunity for development. The lot boasts 205 feet of frontage. All utilities are available, including village water, sanitary sewer, gas, electric, storm drainage, and access to a private roadway and communications infrastructure. The site benefits from an existing approved condominium plan (TLCCU Commons Condominium) and includes entrance signage. This prime location offers high traffic counts due to its proximity to Cabela's, a major tourist attraction. Dundee's strategic location, straddling US 23 between Toledo, OH (15 miles) and Ann Arbor, MI (15 miles), and its charming historic downtown, contributes to its projected growth. This is a ready-to-build lot in a thriving area, ideal for various commercial ventures. The asking price is $279,900. An adjacent lot (Unit 4) is also available, and both lots (1.89 acres total) can be purchased together for $599,900.

Property profile

Verified
Property type Land
Lot 0.82 ac (35,719 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16484 Tecumseh St Dundee, MI 48131
Dundee metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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