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    OFF-MARKET
    Warehouses

    18906 Allen Rd, Melvindale, MI 48122-1535

    2,745 SF 0.15 ac lot
    Entity Owned 2-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-0617048
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Total area 2,745 SF
    Lot 0.15 ac (6,534 SF)
    Zoning code R1 1 FA
    APN 47 010 02 0024 002
    UPID US43-0617048
    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
    • Shady View Awning Building Supply Hardware & Home Improvement
    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
    Tayba Investment LLC · 2 yrs held
    Tayba Investment LLC
    since 2023
    Last sale
    $95,000
    3 recorded transactions
    2023
    $95,000
    2019
    $82,500
    2017
    $82,500
    Zoning & alternative use
    R1 1 FA · Melvindale, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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