23400 Michigan Ave - Commercial LAND FOR SALE


Dearborn, MI 48124 457,380 SF
$15,000,000 USD
248-948-0101
23400 Michigan Ave, Dearborn, MI for Sale
$15,000,000 USD
Commercial LAND - FOR SALE
1/2
457,380 SF

23400 Michigan Ave
Dearborn, MI 48124


HIGHLIGHTS

  • Prominent corner location at Michigan Avenue and Outer Drive.
  • Approximately 10.50 acres available for redevelopment.
  • Flexible mixed-use development potential across multiple use types.
  • Minutes from Downtown Dearborn and major employment centers.
  • Convenient access to I-94, M-39, and Telegraph Road.
  • Surrounded by national retailers and established residential neighborhoods.

OVERVIEW

Village Plaza presents a rare opportunity to acquire approximately 10.50 acres at one of West Dearborn's most recognizable redevelopment locations. Positioned at the intersection of Michigan Avenue and Outer Drive, the property offers significant frontage, visibility, and access within an established commercial corridor that serves both local residents and regional traffic. The site's scale and location create flexibility for a variety of redevelopment strategies, including retail, residential, medical, educational, hospitality, office, and other commercial uses. Surrounded by established neighborhoods and national retailers, the property benefits from an existing customer base, workforce accessibility, and proximity to major employment centers throughout Dearborn and western Wayne County. Connectivity is a key attribute of the offering. The property provides convenient access to Interstate 94, M-39 (Southfield Freeway), Telegraph Road, and other regional transportation routes, supporting efficient travel throughout Metro Detroit. The location is also situated minutes from Downtown Dearborn, the Ford employment campus, University of Michigan-Dearborn, and Corewell Health facilities, placing the site near major institutional and employment anchors that contribute to ongoing activity in the surrounding market. With substantial acreage in a mature infill environment, the property offers investors and developers the ability to pursue a transformative project in a well-established community. The combination of redevelopment potential, regional accessibility, surrounding commercial activity, and proximity to major demand drivers positions Village Plaza as a compelling opportunity for long-term value creation.

FOR SALE DETAILS

PRICE

$15,000,000 USD

PRICE/ACRE

$1,428,571/AC

PRICE/SF

$33 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Village Plaza Redevelopment Opportunity

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

10.5 AC

LAND SF

457,380 SF

OFFSITE IMPROVEMENTS

-

ZONING

BB

APN/PARCEL ID

82-09-213-01-053

ASK ABOUT THIS PROPERTY

Steve GordonSignature AssociatesMore Info
248-948-0101

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Steve GordonSignature AssociatesMore Info
248-948-0101

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.