Brick Storefront
For Sale
Contact for pricing
21132 Ecorse Road, Taylor, MI 48180
An open-plan commercial unit includes a private restroom and commercial zoning.
Property Size4,050 SF
Price / SF$0.35
Days on Market28
Property Features for 21132 Ecorse Road
General Information
Standard status
Active
Size
4,050 SF
Property subtype
Commercial
Additional Details
Road Access
Yes
Amenities
private bathroom
Building Details
Year Built
2009
Stories
1
Construction
brick
Listing Agency:
GoodHome Realty, LLC
Listed By:
Quinton Lemond
(248) 928-4992
Source:
Goodhomemi
Added: Oct 2
Changed: Oct 28
Last Checked: Oct 28 at 2:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GoodHome Realty, LLC
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Investment Insights
Based on property information with market context.
This one-story brick storefront, built in 2009, offers an open layout across 950+ square feet, with a private bathroom. Commercial zoning supports business uses permitted under the applicable designation.
The property fronts Ecorse Road in Taylor, with established businesses in the surrounding area.
The property fronts Ecorse Road in Taylor, with established businesses in the surrounding area.
Key Highlights
- 950+ sq ft of open commercial space
- One‑story brick building, built in 2009
- Private bathroom and commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,375
Suggested Prices Based on Cap Rates
Cap Rate 5%
$767,500
$767.5K
Cap Rate 7%
$548,214
$548.2K
Cap Rate 9%
$426,389
$426.4K
Market Conditions
NOI Build-Up for 4,050 SF
Gross rent
$58.3K $14.40/SF
− Vacancy
−$3.5K −$0.86/SF
EGI
$54.8K $13.54/SF
− OpEx
−$16.4K −$4.06/SF
NOI
$38.4K $9.48/SF
Area
Wayne County, MI
Vacancy
6.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$767,500
Cap Rate 7%
$548,214
Cap Rate 9%
$426,389
Alternative Uses
Best Use
Retail
$548.2K
$479.7K – $639.6K
NOI $38,375 @ 7.0% cap · market cap 2,741.07%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$749.8K
$656.1K – $874.8K
NOI $52,488 @ 7.0% cap · market cap 3,749.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
203k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Groceries 32%
Shops & Services 26%
Kroger
Groceries
64,312 visits/mo
0.4 miles
McDonald's
Dining
31,511 visits/mo
0.2 miles
Taco Bell
Dining
19,706 visits/mo
0.3 miles
Dollar Tree
Shops & Services
13,740 visits/mo
0.3 miles
Applebee's
Dining
12,803 visits/mo
0.2 miles
Demographics for 48180, MI
63,409
Population
26,741
Households
2.4
Avg Household Size
39
Median Age
16%
College-Educated
87%
High-School Grad
23.6 sq mi
ZIP Area
2,687
Density / Sq Mi
$59,537
Median Household Income
$40,090
Median Earnings
$1,036
Median Rent
$141,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Kroger Floral — 6969 Monroe Blvd, Taylor, MI 48180
Frequently Asked Questions
What type of property is this?
Storefront property - An open-plan commercial unit includes a private restroom and commercial zoning.
Where is this storefront property located?
The property is located at 21132 Ecorse Road Taylor, MI.
What are key features of this property?
This property features: 950+ sq ft of open commercial space; One‑story brick building, built in 2009; Private bathroom and commercial zoning
