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Property profile & analytics
OFF-MARKET
Land

0 Baker Rd Dexter, MI 48130

15 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 15 ac (653,400 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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