18906 Allen Rd, Melvindale, MI 48122-1535
This exceptional commercial property, located at 18906 ALLEN Road in Melvindale, Michigan, presents a unique investment opportunity. Situated on a desirable 0.15-acre lot, this general commercial property is priced competitively at $325,000. The property's address offers excellent visibility and accessibility, making it an attractive location for a variety of businesses. The size of the lot provides ample space for development or expansion, catering to diverse business needs. The property's location in Melvindale offers convenient access to major transportation routes, ensuring easy commutes for employees and customers. This presents a strong foundation for establishing a thriving business venture. The property's versatility allows for a wide range of potential uses, making it an ideal investment for entrepreneurs and established businesses alike. Given its strategic location and competitive price point, this property is poised for significant return on investment. Serious inquiries are encouraged to explore the full potential of this exceptional commercial offering. The property is ready for immediate development or occupancy, presenting a rare opportunity in the vibrant Melvindale market. Further details regarding zoning and permitted uses are available upon request. Don't miss this chance to acquire a prime commercial property in a thriving location.
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Shady View Awning Building Supply Hardware & Home Improvement
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R1 1 FA · Melvindale, MIMelvindale. Always verify with local authorities before improvements.
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.