320 Squires Dr, Milan, MI 48160-1471
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.
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
Property description
Physical attributes from public recordsZoning & alternative use
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.