Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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