Property summary
This exceptional 3.5-acre parcel is situated within Milan's thriving Industrial Park, offering a unique opportunity for development. Zoned IR (Industrial and Research), this property boasts convenient access to city water and sewer services, significantly reducing infrastructure costs. The lot features substantial frontage on paved city-maintained roads, ensuring easy accessibility and visibility. A survey is available upon request for potential buyers. The property's location within a growing community provides a strong foundation for long-term investment, with established businesses as neighbors. Its strategic proximity to Ann Arbor (approximately 20 minutes away) and the US-23 corridor near Toledo offers excellent connectivity to major transportation routes and a large workforce pool. This Class A property presents a compelling investment opportunity for businesses seeking a prime location in a dynamic and expanding market. The asking price is $190,000. The parcel's APN is 58-53-045-006-01. The property is privately owned and offered for sale directly by the owner. This is a flex, R&D, and warehouse-suitable site.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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