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    42405 Ford Rd Canton, MI 48185

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    For Lease
    $16 SF/Yr ($16,412 /Mo)

    Retail space available in a busy Canton location.

    Property size:
    12,309 SF
    Lot size:
    16.23 Acres

    Property Features for 42405 Ford Rd

    General Information

    Size
    12,309 SF
    Lot size
    16.23 Acres

    Source: Schostak Brothers & Company Agent Justine K. O'Brien

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

    Overview

    Retail Space in Canton Corners

    Located at the southwest corner of Ford Rd. and Lilley Rd., this retail space is situated in Canton Corners, an area known for its high retail activity in southeast Michigan. The location benefits from its proximity to I-275, I-96, and M-14. The surrounding area has a population of approximately 212,308 and an average household income of around $127,418. The property offers 12,309 square feet of retail space. Nearby retailers include IKEA, Kohl’s, Target, Walmart, Sam’s Club, Meijer, and Home Depot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Plato's Coney Island Greek Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Wayne
    State
    Michigan
    Longitude
    -83.4599374
    Latitude
    42.3216918

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in a busy Canton location.
    Where is this shopping center located?
    The property is located at 42405 Ford Rd Canton, MI.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic retail location at the corner of Ford Rd. and Lilley Rd.; - Excellent accessibility to I-275, I-96, and M-14.; - Located in Canton, MI with a large population (approx. 212,308).
    (248) 262-1000
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    Canton, MI 48185
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    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
    42405 Ford Rd Canton, MI 48185
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