23400 Michigan Ave - Village Plaza Redevelopment Opportunity 10.5 Acres of Commercial Land Offered at $20,778,151 CAD in Dearborn, MI 48124

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.