0 Dix Hwy, Lincoln Park, MI 48146
This exceptional 22-acre commercial property in Lincoln Park, Michigan, presents a remarkable development opportunity. Located on Dix Highway, the site boasts a 6,817-square-foot existing building constructed in 1957, featuring one story and ample parking for 1,300 vehicles. The property is zoned RB, allowing for diverse uses including retail and industrial development. Its prime location offers excellent visibility and accessibility, enhanced by its adjacency to the new A. F. Jonna retail development. The existing building, while functional, provides a blank canvas for redevelopment or repurposing. The expansive lot size, coupled with the strategic location and flexible zoning, makes this an ideal investment for developers seeking a high-impact project. The property's APN is 45-005-99-0007-000, 30-011-99-0004-001. The land is offered at $250,000 per acre, presenting a compelling value proposition for significant returns. This is a rare chance to acquire a substantial commercial parcel in a thriving Michigan market. Don't miss this opportunity to capitalize on the potential of this exceptional development site.
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
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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.