Property Type:
Land
Lot Size (sq. ft.):
4,878,720
Status:
Sold
Current Price:
$1,800,000
List Date:
9/15/2023
Last Modified:
5/21/2025
1 Plank, Milan, MI 48160
$1,450,000
Description
Milan is the place to BE, so come visit me soon, and YOU will SEE!!! The time is here to jump on a forward moving train in Milan!!! Prime Highway Commercial Property with City Water and City Sewer eligibility off Plank Road. Natural Gas at the street. Easy on and easy off from US23 and the Plank Road Interchange (Exit 25). 112+/-Acres, zoned Highway Commercial Services, ready for a developer's touch. Over 1100sqft. of frontage on Plank Road and 18 acres, south of the Saline River, still located in Milan Township with US23 highway exposure. Market conditions and Population Growth in the Milan area are booming, so don't hesitate on checking out this property soon!! A Bubble Plan is available and development studies have been completed. Seller will also consider selling smaller lots.
More Information MLS# 23127003
Status Change Info
Sold Price/Acre: 12946.43
Under Contract Date: 2024-11-01
Sold Date: 2025-05-20
Sold Price: $1,450,000
Location & Property Info
Cross Streets: Dexter St.
Municipality: Milan
Ownership Type: Private Owned
Office/Contract Info
On-Market Date: 2023-09-15
Auction or For Sale: For Sale
List Price/Acre: 16071.43
Listing Agreement: Exclusive Agency
Former Listing Key: 9966089
General Property Info
Property Sub-Type: Commercial Land
Lot Dimensions: 1100XIRREG
Road Frontage: 1100
Waterfront: Yes
Body of Water: None
School District: Milan
Lot Measurement: Acres
Lot Square Footage: 4878720
Lot Acres: 112
Tax Info
Taxable Value: 143355
SEV: 1259300
For Tax Year: 2023
Seller's Annual Property Tax: 7169
Tax Year: 2023
Homestead %: 0
Spec Assessment & Type: NONE
Zoning: HCom
Tax ID #: 53-030-017-40
Remarks & Misc
Public Remarks: Milan is the place to BE, so come visit me soon, and YOU will SEE!!! The time is here to jump on a forward moving train in Milan!!! Prime Highway Commercial Property with City Water and City Sewer eligibility off Plank Road. Natural Gas at the street. Easy on and easy off from US23 and the Plank Road Interchange (Exit 25). 112+/-Acres, zoned Highway Commercial Services, ready for a developer's touch. Over 1100sqft. of frontage on Plank Road and 18 acres, south of the Saline River, still located in Milan Township with US23 highway exposure. Market conditions and Population Growth in the Milan area are booming, so don't hesitate on checking out this property soon!! A Bubble Plan is available and development studies have been completed. Seller will also consider selling smaller lots.
Legal: SW and SE Section 1, 112+/- Acres, City of Milan, County of Monroe
Waterfront Options
Water Access Y/N: Yes
Water Frontage: 1
Water Type
River: 1
Water Fea. Amenities
Private Frontage: 1
View: 1
Current Use
Agricultural: 1
Commercial: 1
Lot Description
Cleared: 1
Level: 1
Tillable: 1
Wooded: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Phone Available: 1
Storm Sewer: 1
Utilities Attached
None: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
Unknown: 1
Sale Conditions
None: 1
Docs at List Office
Aerial Photo: 1
Survey: 1
Other: 1
Possession
Close Of Escrow: 1
None
Current Price: $1,450,000
Location Property Info
County: Monroe
Street #: 1
Street Name: Plank
State: MI
Zip Code: 48160
Area: Monroe County - 60
OfficeContract Info
Status: Sold
List Price: $1,800,000
Listing Date: 2023-09-15
Remarks Misc
Directions: Plank Road exit off US23 Highway/Exit 25
Property Features
Water Type: River
Current Use: Agricultural; Commercial
Lot Description: Cleared; Level; Tillable; Wooded
Street Type: Paved; Public
Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Storm Sewer
Utilities Attached: None
Sewer: Public Sewer
Water: Public Water
Terms Available: Cash; Conventional
Mineral Rights: Unknown
Sale Conditions: None
Docs at List Office: Aerial Photo; Survey; Other
Possession: Close Of Escrow
Listing Office:
Real Estate One Inc
Listing Agent:
Danielle Grostick
Last Updated: May - 21 - 2025
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