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    FOR SALE
    Commercial real estate

    7061 Dexter Ann Arbor Rd, Dexter, MI 48130

    67,262 SF 9.05 ac lot Built 2000
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US43-3881529
    Property summary
    AI-generated overview

    This exceptional 0.87-acre commercial outlot is situated within the thriving Dexter Crossing Shopping Center in Washtenaw County, Michigan. Located at 7061 Dexter Ann Arbor Rd, Dexter, MI 48130, this property boasts frontage on both Dexter Ann Arbor Road and Dan Hoey Road, offering excellent visibility and accessibility. The site is zoned C-1, providing a range of development possibilities. The asking price is $550,000, but a ground lease at $55,000 per year or a built-to-suit option may also be considered. Dexter Crossing is a well-maintained, 100% occupied shopping center featuring a diverse mix of long-term tenants, ensuring a consistent flow of customers. The center offers ample parking for both employees and shoppers. The property benefits from easy ingress and egress, facilitated by three entrances and a traffic signal at Dan Hoey Road. This location enjoys high traffic counts and is surrounded by established neighborhoods, schools, and other retail establishments. Its proximity to I-94, M-14, Jackson Road, Downtown Dexter, Downtown Ann Arbor, and the University of Michigan further enhances its appeal. The nearby Dexter Business & Research Park, a mixed-use development employing thousands, adds to the area's robust economic activity. This presents a unique opportunity for investors seeking a high-traffic location with significant development potential. The APN is 08-08-08-200-021.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 2000
    Total area 67,262 SF
    Lot 9.05 ac (394,218 SF)
    Zoning code C-1
    APN 08-08-08-200-021
    UPID US43-3881529
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $4.77M
    Blend (final) Blend
    $4.77M
    Owner & transaction history
    Dexter Crossing Mi LLC · 3 yrs held
    Dexter Crossing Mi LLC
    since 2023
    7 recorded transactions
    2023
    2023
    2022
    2022
    2020
    2018
    2017
    Zoning & alternative use
    C-1 · Dexter, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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