2000 Us-223 Adrian, MI 49221
This exceptional 33-35 acre commercial land parcel presents a remarkable investment opportunity in Adrian, Michigan. Boasting approximately 1300 feet of frontage on US-223, this property enjoys a highly visible location in Madison Township, directly adjacent to Tractor Supply. Its strategic position near the intersection of M-52 and US-223, a location with the highest traffic counts in Lenawee County, ensures maximum exposure and accessibility. The property is zoned C-2 General Highway Commercial District, allowing for a wide range of development possibilities. Ideal for a variety of uses, including retail pad sites, retail centers, hotels, or fast-food establishments, this site offers unparalleled potential for significant return on investment. The parcel is identified by APN MD0-110-4175-00 and is located at 2000 US-223, Adrian, MI 49221. The asking price for this prime commercial land is $2,100,000. This is a rare opportunity to acquire a substantial tract of land in a high-traffic area with excellent visibility and development potential. Don't miss out on this chance to secure a prominent location in a thriving commercial corridor.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.