Property profile

25151 Allen Rd Woodhaven, MI 48183

OFF-MARKET
Automotive properties
Property ID
US43-0520936
18,900 SF 4.91 ac lot
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1.52-acre commercial land parcel presents a remarkable investment opportunity in Woodhaven, Michigan. Located at 25151 Allen Road, this property boasts a highly desirable B-2 Community Business District zoning, allowing for a wide range of commercial uses. The strategic location just south of the bustling intersection of West Road and Allen Road provides unparalleled visibility and accessibility, with nearby retail giants such as Walmart, Target, and Home Depot driving significant traffic. The property's convenient access to major thoroughfares ensures high exposure for any business. Water and sewer services are readily available on-site, simplifying development and reducing infrastructure costs. The asking price is $249,000, translating to $163,815 per acre, reflecting the property's prime location and development potential. The parcel's APN is 59-073-99-0004-708. This is an ideal site for entrepreneurs and investors seeking a high-traffic location in a thriving commercial area. Don't miss this chance to secure a valuable piece of real estate in a rapidly growing market. The property is situated in Wayne County, Michigan, with a zip code of 48183.

Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Total area 18,900 SF
Lot 4.91 ac (213,880 SF)
APN 59 073 99 0004 708
UPID US43-0520936

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Factory Industrial Manufacturer

Location

25151 Allen Rd Woodhaven, MI 48183-4300
Woodhaven metro Census 593001 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.54M
Blend (final) Blend
$560k

Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2012
$495,000
2009
$2.0M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $2.3M +70.1%
Medical building $1.8M +31.7%
Office building $1.7M +22.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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