900 Dexter St, Milan, MI 48160-1161
This exceptional 2.9-acre commercial land parcel in Milan, Michigan, presents a remarkable investment opportunity. Located at 900 Dexter Street, this property boasts high visibility and accessibility due to its US-23 frontage. The General Business (GB) zoning allows for a wide range of commercial uses, making it ideal for retail, restaurants, or service businesses. The site's strategic location within a thriving community, situated between Ann Arbor and Dundee, ensures high traffic volume and strong potential for growth. Existing nearby businesses include national brands such as Dollar General, McDonald's, Arby's, and a Baymont Hotel, indicating a robust and established commercial corridor. The property's size and zoning also offer the possibility of incorporating a drive-thru, further enhancing its appeal to potential tenants. Milan offers a blend of small-town charm and convenient amenities, creating a desirable location for businesses and customers alike. The asking price for this exceptional property is $1,200,000. This land is available for sale, ground lease, or build-to-suit options, providing flexibility for various investment strategies. The property's location and zoning make it a compelling opportunity for investors seeking high-traffic commercial land in a growing Michigan community. The Washtenaw County location adds to its desirability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.