Property profile

0 2.76 Acres – Reeck Rd Southgate, MI 48195

OFF-MARKET
Land
2.76 ac lot
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Property summary

AI-generated overview

This exceptional 2.76-acre parcel of land, located in Southgate, Michigan, presents a remarkable opportunity for industrial development. Situated in Wayne County, with a zip code of 48195, this property boasts a Light Industrial zoning designation, making it suitable for a variety of commercial and distribution uses. The lot is conveniently located at 2.76 Acres – Reeck Road, offering excellent freeway visibility and accessibility. The property features a flat and cleared site, simplifying development and minimizing site preparation costs. The asking price for this strategically positioned land is $750,000, translating to an attractive price per acre of $271,739. The property's APN is 53-004-99-0005-706. Its ideal dimensions and location make it a highly desirable asset for businesses seeking to establish or expand their operations in a thriving industrial area. Don't miss this chance to acquire a prime piece of land with significant development potential. Contact us today to learn more.

Property profile

Verified
Property type Land
Lot 2.76 ac (120,226 SF)

Cap rate & NOI

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

Location

2.76 Acres – Reeck Rd Southgate, MI 48195
Southgate metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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