23944 Eureka Road, Taylor, MI 48180
COMMERCIAL - Taylor, MI
- Added:
- Nov 17, 2025
- Days on Market:
- 225
- Last Refresh:
- Jun 30 at 3:06 am
Property Features for 23944 Eureka Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 2, Bathroom 1
- Standard status
- Active
- APN
- 60-070-01-0134-300
- Size
- 11,140 SF
- Lot size
- 0.39 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 28B134 TO 139A LOTS 134 TO 139 INCL EXC THE S 25 FT OF LOTS 138 AND 139 ALSO S 1/2 ADJ VAC ALLEY PATERSONS TELREKA SU
- Tax Annual Amount
- 17540
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2009
- Number of units
- 21
- Building materials
- Brick
Listing agent Teressa Mann (734) 991-3482
Listing office Vantage Realty Group, LLC 23944 Eureka Road #210, Taylor, MI (734) 287-6619
Listing date Nov 17, 2025
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HighLights
- Prime location with high foot and vehicle traffic for maximum business exposure.
- Versatile property suitable for both office and retail use.
- Recent updates to office and retail spaces.
- Option to build to suit.
- Multiple suites available: seven office suites and conference area on the first floor, plus a large retail area and three additional suites on the second floor.
- Includes restrooms and kitchens on both floors.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $160.4k | $14.40 |
| − Vacancy | −$9.6k | −$0.86 |
| EGI | $150.8k | $13.54 |
| − OpEx | −$45.2k | −$4.06 |
| NOI | $105.6k | $9.48 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Taylor
- County
- Wayne
- State
- Michigan
- Longitude
- -83.266818
- Latitude
- 42.197924