Property profile

8252 Dexter Chelsea Rd Dexter, MI 48130

FOR SALE
Commercial land
Property ID
US43-4861484
0.72 ac lot
Entity Owned 21-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 0.72-acre commercial land parcel presents a unique investment opportunity in the thriving downtown Dexter, Michigan area. Located at 8252 Dexter-Chelsea Road, this property boasts a prime location on a high-traffic section of the road, situated between Cribley Drilling and an A&W restaurant. Its C-2 zoning allows for a variety of commercial uses, making it ideal for developers seeking to capitalize on the area's strong retail and business environment. The property is directly across the street from the Dexter chapter of the American Legion, ensuring high visibility and accessibility. All downtown businesses and retail amenities are within easy walking distance, providing significant convenience for potential tenants and customers. A proposed building plan, already in place, outlines a 4,200 square foot first-floor retail commercial space with a second-floor residential component, offering a versatile development option. The property's APN is H-08-06-200-027. This is a rare chance to acquire a highly visible and strategically located parcel in a rapidly growing community. The asking price is $299,000. Don't miss this opportunity to secure a piece of Dexter's vibrant commercial landscape. The property is conveniently located in the 48130 zip code.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.72 ac (31,363 SF)
Zoning code C-2
APN H -08-06-200-027
UPID US43-4861484

Cap rate & NOI

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

Location

8252 Dexter Chelsea Rd Dexter, MI 48130
Dexter metro Census 454001 ANN ARBOR, 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
by Request

Owner & transaction history

since 2004
4 recorded transactions
2004
$295,000
2004
$85,000
2000
Price N/A
1969
Price N/A

Zoning & alternative use

C-2 · Dexter, MI

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message