00 Allen Road
Southgate, MI 48195
Unimproved Land · MLS # 20251014781 · Listing courtesy of Coldwell Banker Professionals
About this home
Approximately 4.72 acres of commercial property with full frontage to Allen Road with all utilities available at site. This property is ideal for mixed use of retail (i.e. credit union/bank, strip center) and/or office development. Site plan for this type of use was previously approved by the City of Southgate. Seller will share those plans with those who have serious interest. Listing is comprised of a multiple lots/tax ID numbers. Please see a complete list attached to this listing.
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Southgate
Over the last 90 days, 71 homes sold in Southgate for a median of $220,000, about $133 per square foot, and the typical one went under contract in 9 days. This home is listed at $732,300, and has been on the market 453 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Southgate sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $7,995 a year. A buyer who lives here would pay about $6,039 to $21,607 a year once the taxable value resets after the sale, at the 2025 homestead rate of 58.43 mills for Southgate City and Southgate schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Southgate
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