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Property profile & analytics
OFF-MARKET
Retail space

1505 Dix Hwy Lincoln Park, MI 48146-1403

3,339 SF 0.43 ac lot Built 1959
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US43-1263994
Property summary
AI-generated overview

This exceptional 3,339 square foot commercial property in Lincoln Park, Michigan, presents a remarkable investment opportunity. Situated at 1505 Dix Hwy, this single-tenant space boasts an enviable location with 226 feet of road frontage on Dix Highway, offering unparalleled visibility and accessibility. The half-acre lot provides ample parking for customers and employees. Recently updated with new windows and doors, the building is ready for immediate occupancy. Its versatile zoning allows for a variety of uses, including retail, automotive, or medical office space. Previous uses include a party store, highlighting its adaptability. The property's proximity to the intersection of Dix Highway and Southfield Freeway ensures high traffic volume and excellent exposure. The property is located in Wayne County, Michigan, with a zip code of 48146. This prime location is ideal for businesses seeking high visibility and convenient access to major thoroughfares. The spacious layout and ample parking make this property a truly attractive option for a wide range of commercial ventures. Don't miss this chance to secure a thriving business location in a high-demand area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1959
Total area 3,339 SF
Lot 0.43 ac (18,731 SF)
APN 45 005 02 0497 301
UPID US43-1263994
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Property Investments Detroit LLC · 1 yrs held
Property Investments Detroit LLC
since 2025
Last sale
$50,000
3 recorded transactions
2025
$80,000
2021
$50,000
2021
$110,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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