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    45109 Michigan Ave Canton, MI 48188

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    For Sale
    $659,000

    Corner parcel suitable for light industrial or commercial development.

    Lot size:
    2.20 Acres

    Property Features for 45109 Michigan Ave

    General Information

    Lot size
    2.20 Acres

    Source: Van Esley Real Estate Inc Agent Joseph P Van Esley

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

    Overview

    Corner Parcel on Michigan Avenue

    This corner parcel is located on heavily traveled Michigan Avenue, with the entrance planned off Dewitt. It is master planned for light industrial use. Permitted uses include light manufacturing, warehousing and material distribution centers, private indoor recreation such as bowling establishments, gymnasiums, ice skating rinks, tennis clubs, roller skating rinks, court sports facilities, dance, gymnastics, martial arts schools and similar types of studios, pet day care facilities or indoor pet boarding facilities, research and biotech, and office buildings. Special land uses include mini warehouses or self-storage, banks, medical and dental facilities, auto service stations and auto repair garages, motels or hotels, banquet halls, new and used automobile sales, and religious institutions. All data is approximate and should be verified. Refer to the Township Ordinance in documents for further details.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    -83.4835388
    Latitude
    42.2720167

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    FAQs

    What type of property is this?
    Land - Corner parcel suitable for light industrial or commercial development.
    Where is this land located?
    The property is located at 45109 Michigan Ave Canton, MI.
    What is the asking price?
    The asking price for this property is $659,000.
    What are key features of this property?
    This property features: - Corner parcel on heavily traveled Michigan Ave.; - Master planned Light Industrial zoning.; - Wide range of permitted uses including light manufacturing, warehousing, recreation, and office.
    (734) 459-7570
    Request Owner's contact information
    45109 Michigan Ave 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
    45109 Michigan Ave Canton, MI 48188
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