2000 Us-223 Block Adrian, MI 49221
This exceptional 1.3-acre commercial land parcel, located at 2000 US-223 Block in Adrian, Michigan, presents a unique ground lease opportunity. The property boasts a substantial 56,628 square feet of vacant space, ideal for a variety of retail developments. Zoned C-2, this single-tenant site offers significant potential for businesses seeking a high-visibility location. The property's convenient access to US-223 ensures excellent exposure and accessibility for customers. With a total land area of 1.3 acres (as per the provided lot size), the site provides ample space for building construction and potential future expansion. The property's location in Lenawee County, Michigan, offers a strong local market and access to a growing regional population. The parcel's APN is MD0-112-3775-00. This is a free-standing building opportunity, perfect for a business seeking a prominent presence in a thriving community. The property is currently entirely vacant, providing a blank canvas for a new development. This ground lease presents a compelling investment opportunity for developers and businesses seeking a strategic location in Adrian, Michigan. The zip code for this property is 49221. The property is classified as retail and land.
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
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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.