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    OFF-MARKET
    Commercial real estate

    900 Dexter St, Milan, MI 48160-1161

    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US43-2655856
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    APN 19-19-36-255-015
    UPID US43-2655856
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Kesto Properties LLC · 3 yrs held
    Kesto Properties LLC
    since 2022
    Last sale
    $415,000
    1 recorded transaction
    2022
    $415,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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