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    44101 Michigan Ave Canton, MI 48188

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    For Sale
    $475,000

    Redevelopment site with three-unit apartment, fully leased.

    Lot size:
    1.57 Acres

    Property Features for 44101 Michigan Ave

    General Information

    Lot size
    1.57 Acres
    Source: Moodyscre

    Listing Agent: Terrance W. Bixler

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

    Overview

    Redevelopment Site on Michigan Avenue

    This property is a redevelopment site located adjacent to the new Tractor Supply location. It currently features a fully leased three-unit apartment building. The zoning along the Michigan Avenue Corridor permits a variety of uses. The site benefits from 108 feet of frontage and is situated just east of the signalized intersection of Michigan Avenue and Sheldon Road.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    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
    -83.4735556
    Latitude
    42.2741281

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    FAQs

    What type of property is this?
    Land - Redevelopment site with three-unit apartment, fully leased.
    Where is this land located?
    The property is located at 44101 Michigan Ave Canton, MI.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Redevelopment site adjacent to Tractor Supply.; - Michigan Avenue Corridor zoning allows for a variety of uses.; - Fully leased three-unit apartment currently on site.
    (734) 355-6030
    Request Owner's contact information
    44101 Michigan Ave Canton, MI 48188
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    Canton, MI 48188
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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
    44101 Michigan Ave Canton, MI 48188
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