Property profile

320 Squires Dr Milan, MI 48160

OFF-MARKET
Industrial land
Property ID
US43-3796576
3.5 ac lot
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

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

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 3.5 ac (152,460 SF)
APN 53-045-006-01
UPID US43-3796576

Cap rate & NOI

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

Location

320 Squires Dr Milan, MI 48160-1471
Milan metro Census 830700 MONROE, 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
by Request
Blend (final) Blend
$125k

Owner & transaction history

since 2022
Last sale
$125,000
6 recorded transactions
2022
$125,000
2021
$98,000
2018
$90,000
2015
Price N/A
2013
$100,000
2005
$200,000

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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