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Property profile & analytics
OFF-MARKET
Land

0 Dixie Hwy/Benore Rd Erie, MI 48133

97.05 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 97.05-acre industrial land parcel presents a unique investment opportunity in Erie, Michigan, within Monroe County. Zoned AC/Agriculture, the property boasts significant potential for various industrial uses. A key advantage is its prime location bordering Class 1 railroad tracks owned by CSX Transportation. While there's no on-site spur currently, the property shares a nearly half-mile border with the railroad, making the construction of a new spur a feasible prospect, pending coordination with CSX. This proximity to the rail line, coupled with its location just eight miles from a Toledo rail yard, makes it ideally suited for businesses requiring efficient rail transport. The site's characteristics are particularly well-suited for an intermodal yard catering to bulk goods or automotive roll-on/roll-off (RORO) traffic. The asking price is $2,000,000, translating to $21,000 per acre. The property's address is Dixie Hwy/Benore Rd, Erie, MI 48133, and its APN is 030-004-00. This substantial acreage offers significant development potential for businesses seeking strategic access to rail infrastructure and a convenient location. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 97.05 ac (4,227,498 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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