0 Baker Rd Dexter, MI 48130
This exceptional 15-acre parcel, located on Baker Rd in Dexter, Michigan (zip code 48130), presents a unique investment opportunity. Currently zoned R-1 Residential, the property is master-planned for future C-3 Highway Commercial development, offering significant upside potential. The asking price is $4,500,000, translating to $300,000 per acre, reflecting the land's strategic location and development potential. This assemblage of five parcels benefits from its adjacency to a substantial 105-acre mixed-use development, encompassing 231 residential units and a senior living facility, ensuring a robust surrounding community. Further enhancing its appeal, a new boulevard is approved for installation along the north side of the property, promising improved accessibility and visibility. This prime location in Washtenaw County offers exceptional growth prospects for commercial ventures, making it an attractive investment for developers seeking a strategically positioned site with significant future development potential. The property's size and zoning flexibility provide a blank canvas for a variety of commercial uses, capitalizing on the existing residential and mixed-use development nearby. This is a rare opportunity to acquire a large, well-situated parcel in a thriving Michigan community.
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.
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.