Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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