0 Marine City Hwy Fair Haven, MI 48023
This exceptional 2.39-acre industrial land parcel is strategically located at the southeast corner of Marine City Highway and the main boulevard accessing Andrew's Corporate Park in Ira Township, Michigan (zip code 48023). Priced at $325,000, this represents a land value of $135,983 per acre. The property offers numerous development possibilities and presents a compelling investment opportunity. Its convenient location provides easy access to I-94, minimizing commute times. The site benefits from Ira Township taxation and the potential for tax abatement for qualifying applicants. A land contract may be considered. Furthermore, this parcel can be combined with an adjacent 3.33-acre lot, creating a larger 5.72-acre site for expanded development potential. The property features a parking ratio of 3.4 spaces per 1,000 square feet, should development include a building. This prime location within the Detroit submarket makes it an attractive option for various industrial uses.
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.