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    OFF-MARKET
    Retail properties & Spaces

    0 Dix Hwy, Lincoln Park, MI 48146

    6,817 SF 22 ac lot Built 1957
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Retail properties & Spaces
    Year built 1957
    Total area 6,817 SF
    Lot 22 ac (958,320 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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