14386 Pennsylvania RdSouthgate, MI 48195

  • Commercial real estate
  • 1,170 SF
For Sale
$175,000 View listing

Property Details for 14386 Pennsylvania Rd

Year built
1940
Lot size
0.68 AC
Property size (Sq ft)
1,170 SF
Zone code
R-1A SINGLE R
Property type
Commercial real estate
APN
53 028 99 0005 702
APU
53028990005702

Description

This exceptional 0.68-acre commercial land parcel presents a unique investment opportunity in Southgate, Michigan. Located at 14386 Pennsylvania Rd, this property boasts a highly desirable C-2 General Business zoning designation, opening doors to a wide array of commercial ventures. The lot's generous size and prime corner location ensure excellent visibility and accessibility, making it an ideal site for businesses seeking high exposure. The asking price is $175,000, translating to $257,353 per acre, reflecting the land's significant value in this thriving area. The property's APN is 53-028-99-0005-702. Furthermore, the strategic location offers the potential for assemblage with adjacent properties, allowing for expansion or development of larger-scale projects. This is a rare opportunity to acquire a well-situated commercial lot in a dynamic market. Don't miss out on this chance to secure a valuable asset in Wayne County, Michigan, with a zip code of 48195. The property's coordinates are 42.1852903 latitude and -83.1971557 longitude.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $240,922
    Hospitality
    $220,683
    Educational
    $183,606
    Medical
    $189,920
    Retail
    $285,609

Location Insight

City
Southgate
County
Wayne
State
Michigan
Latitude
42.1853
Longitude
-83.1972
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, 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
$1,470
-
-
$16,900
-
-
-
$33,800

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