3930 Dix Hwy Lincoln Park, MI 48146-3902
- Retail space
- 1,720 SF
- 0.09 lot acres
Current Use by Public Records
- Retail space
Property Details for 3930 Dix Hwy
- Year built
- 1957
- Lot size
- 0.09 lot acres
- Property size
- 1,720 SF
- Property type
- Retail space
- APN
- 45 017 09 0008 000
- APU
- 45017090008000
Description
This exceptional 1800-square-foot office space is available for lease at 3930 Dix Hwy, Lincoln Park, MI 48146. Located on Dix Hwy, near the cross street of Leblanc St, this single-tenant property boasts a prime location with high visibility. The building, constructed in 1957, is a single-story structure offering convenient access and ample parking. With over 100 parking spaces available, clients and employees will find parking a breeze. The property is zoned commercial and features an open canvas layout, previously used as a karate studio. Its current position between a barber shop and a State Farm office provides excellent synergy and foot traffic potential. The property's APN is 45017090008000. This versatile space is ideal for a variety of businesses seeking a well-located, easily accessible office in a thriving commercial area. All square footage measurements are approximate and should be verified independently. The property type is classified as Retail, Office, and Special Purpose, with a Traditional Office subtype.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $500,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $490,000
- 6.5%
- $575,000
- 7%
- $560,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $510,000
- Geo Method
- $505,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $520,000
- Retail
- $495,000
- Mixed-Use
- $605,000
- Hospitality
- $585,000
- Educational
- $570,000
- Residential Income
- $565,000
- Energy
- $530,000
- Income-Based Land
- $465,000
- Food Service
- $450,000
Location Insight
- Map
- Local Demand
- City
- Lincoln Park
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1946
- Latitude
- 42.2271
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA