Property profile

900 Dexter St Milan, MI 48160

OFF-MARKET
Commercial real estate
Property ID
US43-2655856
Entity Owned 3-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

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

Location

900 Dexter St Milan, MI 48160-1161
Milan metro Census 421100 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
$390k

Owner & transaction history

since 2022
Last sale
$415,000
1 recorded transaction
2022
$415,000

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?”
You own 900 Dexter St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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