1 Plank, Milan, MI 48160

$1,450,000
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

Overview

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.

Listing Details MLS# 23127003

Location Property Info

County
Monroe
Street #
Yes
Street Name
Plank
State
MI
Zip Code
48160

General Property Info

Property Sub-Type
Commercial Land
Lot Measurement
Acres
Lot Square Footage
4878720
Lot Acres
112
Lot Dimensions
1100XIRREG
Road Frontage
1100
Waterfront
Yes
Body of Water
None
School District
Milan

Tax Info

Tax ID #
53-030-017-40
Taxable Value
143355
SEV
1259300
For Tax Year
2023
Seller's Annual Property Tax
7169
Tax Year
2023
Spec Assessment & Type
NONE
Zoning
HCom
Homestead %
0

Remarks Misc

Directions
Plank Road exit off US23 Highway/Exit 25

Status Change Info

Under Contract Date
2024-11-01
Sold Date
2025-05-20
Sold Price/Acre
12946.43

More Information

Waterfront Options

Water Access Y/N
Yes
Water Frontage
Yes

Location & Property Info

Cross Streets
Dexter St.
Area
Monroe County - 60
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

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

Water Type

River
Yes

Water Fea. Amenities

Private Frontage
Yes
View
Yes

Current Use

Agricultural
Yes
Commercial
Yes

Lot Description

Cleared
Yes
Level
Yes
Tillable
Yes
Wooded
Yes

Street Type

Paved
Yes
Public
Yes

Util Avail at Street

Cable Available
Yes
Electricity Available
Yes
Natural Gas Available
Yes
Phone Available
Yes
Storm Sewer
Yes

Utilities Attached

None
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Terms Available

Cash
Yes
Conventional
Yes

Mineral Rights

Unknown
Yes

Sale Conditions

None
Yes

Docs at List Office

Aerial Photo
Yes
Survey
Yes
Other
Yes

Possession

Close Of Escrow
Yes

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
IDX
Last Updated: May - 21 - 2025
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