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Property profile & analytics
OFF-MARKET
Strip malls

13565 Dix Toledo Rd Southgate, MI 48195-2466

4,872 SF 0.32 ac lot Built 1956
Individually Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US43-0614323
Property summary
AI-generated overview

This exceptional investment opportunity presents a 4,872 square foot industrial strip center located at 13565 Dix Toledo, Southgate, MI. The property sits on a 0.22-acre lot and boasts five fully renovated units, currently operating at 60% occupancy, offering significant upside potential. A potential gross annual income of $120,000 or more is achievable with 100% occupancy. The property benefits from a prime location with high visibility on a main street, ensuring excellent traffic counts and strong visual exposure for tenants. Ample parking is provided with 25 spaces available. Its strategic location near I-75 provides easy access to major transportation routes, and its proximity to key anchors such as Walmart, City Offices, and Meijer further enhances its desirability. The property includes parcels 53009030079000 and 53009030078001. Showings are by appointment only to avoid disturbing tenants. This is a rare chance to acquire a well-maintained, high-potential industrial property in a thriving Southgate location. The asking price is $780,000.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1956
Total area 4,872 SF
Lot 0.32 ac (13,939 SF)
Zoning code C-2 GEN BUS
APN 53 009 03 0078 001
UPID US43-0614323
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
Current use
Occupant on record · Public records
  • Cardinal Fabric Care (Bike/Boat/Book/etc) Store
  • Royal Strokes Academy Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Alicia G Gonzalez Vazquez · 4 yrs held
Alicia G Gonzalez Vazquez
since 2022
3 recorded transactions
2022
Price N/A
2017
Price N/A
2009
$70,000
Zoning & alternative use
C-2 GEN BUS · Southgate, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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