722 Southfield Road

About this home

Positioned on one of Lincoln Park’s most active commercial corridors, 722 Southfield Rd offers a rare opportunity to acquire vacant commercial land with an existing paved parking lot, adding immediate functional value for a wide range of uses. The property benefits from excellent street exposure, consistent traffic counts, and strong connectivity to surrounding Downriver communities and Metro Detroit. The existing parking infrastructure enhances feasibility for redevelopment, interim use, or future build-to-suit projects. Surrounded by established retail, service businesses, and nearby residential neighborhoods, the site supports both customer visibility and accessibility. Ideal for retail, office, restaurant, service, or mixed commercial concepts (subject to zoning and municipal approvals). Investment & Development Highlights: • Vacant commercial parcel with paved parking already in place • High-visibility frontage along Southfield Road • Strong traffic exposure and signage potential • Located in a dense Downriver trade area • Flexible commercial redevelopment opportunity • Convenient access to major roads and transit Use Types: Retail | Office | Service | Restaurant | Commercial Development Zoning: Commercial (buyer to verify)

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Lincoln Park

Over the last 90 days, 104 homes sold in Lincoln Park for a median of $165,000, about $114 per square foot, and the typical one went under contract in 11 days. This home is listed at $299,995, and has been on the market 266 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Lincoln Park sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $3,590 a year. A buyer who lives here would pay about $2,675 to $7,993 a year once the taxable value resets after the sale, at the 2025 homestead rate of 52.76 mills for Lincoln Park City and Lincoln Park 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

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