Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    46140 Michigan Ave Canton, MI 48184

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,100,000

    Retail property on Home Depot outlot, Canton, MI.

    Property size:
    6,163 SF
    Lot size:
    2.38 Acres

    Property Features for 46140 Michigan Ave

    General Information

    Size
    6,163 SF
    Lot size
    2.38 Acres

    Source: Signature Associates Agent Drake Filippis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Outlot Retail Opportunity

    This 6,163 square foot retail property is situated on the outlot of Home Depot, adjacent to Target, and across the street from Walmart. The property is suitable for a variety of uses, including banks, contractor offices, restaurants, bars, and dance halls. The location is ideal for a new bank operator, and there are no title restrictions.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Wayne
    State
    Michigan
    Longitude
    -83.4940816
    Latitude
    42.2709054

    Nearby Similar for Sale

    • $585,000
      2,356 SF

      Canton Farmhouse Retreat with Pole Barn

      Farmhouse on 2.35 acres with a large pole barn.
      49035 Geddes Rd, Canton, MI 48188
      View Details
    • $1,500,000
      5.72 Acres

      Canton Land with Approved Plans

      Land with approved plans for warehouse and truck parking.
      4891 S Sheldon Rd, Canton, MI 48188
      View Details
    • $174,999
      1,500 SF

      Turnkey Restaurant Opportunity in Canton

      Fully equipped restaurant/bakery/pizzeria in a plaza with established businesses.
      Canton, MI 48187
      View Details
    • $190,000

      Canton Townhome-Style Condo with Updates

      Well-kept three-bedroom condo with updated kitchen and baths.
      6986 Harvard Ln, Canton, MI 48187
      View Details
    • $289,000
      1,512 SF

      Cape Cod Condo with Updates

      Well-maintained condo with updated features, convenient location, and Plymouth/Canton schools.
      139 Concord Dr, Canton, MI 48188
      View Details
    • $319,000

      Golf Course View Brick Ranch

      Two-bedroom condo with golf course views in Canton.
      1913 Pebble Creek Dr, Canton, MI 48188
      View Details

    FAQs

    What type of property is this?
    Bank - Retail property on Home Depot outlot, Canton, MI.
    Where is this bank located?
    The property is located at 46140 Michigan Ave Canton, MI.
    What is the asking price?
    The asking price for this property is $3,100,000.
    What are key features of this property?
    This property features: - Prime location on the outlot of Home Depot, next to Target, and across from Walmart.; - No title restrictions, allowing for a wide range of business operations.; - Ideal for a new bank operator.
    (248) 941-1125
    Request Owner's contact information
    46140 Michigan Ave Canton, MI 48184
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    46140 Michigan Ave
    Canton, MI 48184
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    46140 Michigan Ave Canton, MI 48184
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.