4939 Allen Rd, Allen Park, MI 48101-2915
This exceptional 5,229 square foot commercial land parcel, located at 4939 Allen Road in Allen Park, Michigan, presents a unique investment opportunity. Situated in Wayne County, with convenient access via Allen Road and a zip code of 48101, this property boasts a prime location. The land is classified as Special Purpose and is currently being offered at an asking price of $750,000. The property features a recently updated exterior, showcasing a modern and vibrant stucco finish complemented by attractive stonework. Significant recent improvements include a new roof and a new air conditioning system, minimizing immediate capital expenditure needs for the new owner. This turnkey property is ready for immediate development, offering a blank canvas for a wide range of commercial ventures. The property's size and location make it ideal for various uses, providing significant potential for future growth and return on investment. The coordinates for this property are latitude 42.2661682 and longitude -83.1997079. This is a rare opportunity to acquire a well-maintained and strategically located commercial property in a thriving area. Don't miss out on this chance to establish your business in a prime Allen Park location.
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El Jalapeño Mexican Restaurant & Taqueria Restaurant
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C 4 · Allen Park, MIAllen Park. Always verify with local authorities before improvements.
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.