320 Squires DrMilan, MI 48160

  • Industrial land
  • 3.50 AC
For Sale
$190,000 View listing

Property Details for 320 Squires Dr

Lot size
3.50 AC
Property type
Industrial land
APN
53-045-006-01
APU
5304500601

Description

This exceptional 3.5-acre parcel is situated within Milan's thriving Industrial Park, offering a unique opportunity for development. Zoned IR (Industrial and Research), this property boasts convenient access to city water and sewer services, significantly reducing infrastructure costs. The lot features substantial frontage on paved city-maintained roads, ensuring easy accessibility and visibility. A survey is available upon request for potential buyers. The property's location within a growing community provides a strong foundation for long-term investment, with established businesses as neighbors. Its strategic proximity to Ann Arbor (approximately 20 minutes away) and the US-23 corridor near Toledo offers excellent connectivity to major transportation routes and a large workforce pool. This Class A property presents a compelling investment opportunity for businesses seeking a prime location in a dynamic and expanding market. The asking price is $190,000. The parcel's APN is 58-53-045-006-01. The property is privately owned and offered for sale directly by the owner. This is a flex, R&D, and warehouse-suitable site.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $29,873,676
    Hospitality
    $27,364,126
    Educational
    $22,766,632
    Medical
    $23,549,612
    Retail
    $35,414,760
320 Squires Dr, Milan, Michigan

Location Insight

City
Milan
County
Monroe
State
Michigan
Latitude
42.0746
Longitude
-83.6912
CBSA code
33780
CBSA name
MONROE, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,051
-
-
$88,400
-
-
-
$176,800

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