30191 Michigan Ave Inkster, MI 48141-2050
This exceptional 7,200 square foot industrial property in Inkster, Michigan, presents a unique investment opportunity. Situated on a substantial 2.29-acre lot, this property includes a 4,800 square foot building previously used as a body shop, plus two additional vacant lots. The property is strategically located in a designated green zone, specifically zoned B3 (General Business), allowing for medical and recreational marijuana sales, cultivation, and micro-business operations, subject to city approval. The city of Inkster actively encourages development in this area, envisioning a commercial complex incorporating cultivation, dispensaries, and customer lounges. This presents a significant advantage for investors seeking to capitalize on the burgeoning cannabis industry. The property's ample space and flexible zoning offer diverse development possibilities beyond marijuana-related businesses. The two vacant lots provide additional space for expansion or future development. Parcel numbers 4401299006000 and 44012990005002 are included in the sale. The property is priced at $750,000. Potential buyers are responsible for verifying all zoning information and permitted uses with the city of Inkster.
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Stones Collision Inc Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
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