Property profile

0 Dix Hwy Lincoln Park, MI 48146

OFF-MARKET
Retail properties & Spaces
6,817 SF 22 ac lot Built 1957
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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

Location

Dix Hwy Lincoln Park, MI 48146
Lincoln Park metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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