41200 5th Mile Rd Plymouth, MI 48170-2665
- Commercial land
- 0.54 lot acres
Current Use by Public Records
- Commercial land
Property Details for 41200 5th Mile Rd
- Lot size
- 0.54 lot acres
- Zone code
- B-1
- Property type
- Commercial land
- APN
- 77 051 99 0001 000
- APU
- 77051990001000
Description
This exceptional 0.54-acre commercial land parcel, located at 41200 Five Mile Road in Plymouth, Michigan (Wayne County, zip code 48170), presents a unique investment opportunity. The property is zoned B-1, and boasts dimensions of approximately 130 feet by 180 feet. Utilities are conveniently located on-site, simplifying development. A site plan has already been approved for the construction of a 2,940 square foot office building, streamlining the permitting process for a prospective buyer. The asking price is $175,000, translating to a land value of $7.44 per square foot. This prime location in Plymouth offers excellent visibility and accessibility, making it ideal for a variety of commercial ventures. The property's existing site plan and readily available utilities significantly reduce development time and costs, representing a compelling value proposition for developers and investors alike. Don't miss this chance to acquire a ready-to-develop commercial lot in a thriving Michigan community.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Plymouth
- County
- Wayne
- State
- Michigan
- Longitude
- -83.451
- Latitude
- 42.3959
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
