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Light Industrial Land

5008 Research Dr, Canton, MI 48188

For Sale
$745,000

Vacant corner parcel with LI zoning and access along Michigan Avenue.

Property Size75,430 SF
Price / SF$9.88
Days on Market3959

Property Features for 5008 Research Dr

General Information

Standard status Active
Size 75,430 SF
Property subtype Land
Zoning LI

Building Details

Building Size 75,430 SF
Buildings 1
Stories 2
Listing Agency: Thomas A. Duke Company
Listed By: Steven R. Valli · License #MI 6501291516
Source: Cpix.resimplifi
Added: Jan 8, 2016 Changed: Oct 31 Last Checked: Nov 8 at 2:27AM

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 Thomas A. Duke Company

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Investment Insights

Based on property information with market context.

This vacant industrial land parcel is designated LI and occupies the southwest corner of Michigan Avenue and Research Drive. The site has 447 feet of frontage along Michigan Avenue, identified in the source information as M-12, and is positioned along a heavily traveled corridor in Canton, Michigan.

A separate 3.65-acre parcel to the east is also available and includes 512 feet of frontage. Proposed multi-phase residential and commercial development has been identified on the eastern side of the property. Current-use, setback, and building-envelope requirements are referenced in the property brochure.

Key Highlights

  • LI zoning for industrial land use
  • 447 feet of frontage along Michigan Avenue (M‑12)
  • Southwest corner of Michigan Avenue and Research Drive

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store HVAC Service Dental Office Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

86
Businesses Nearby

Demographics for 48188, MI

46,161
Population
16,885
Households
2.7
Avg Household Size
38
Median Age
56%
College-Educated
95%
High-School Grad
17.9 sq mi
ZIP Area
2,579
Density / Sq Mi
$118,037
Median Household Income
$61,721
Median Earnings
$1,536
Median Rent
$356,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Industrial land in Wayne County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial land - Vacant corner parcel with LI zoning and access along Michigan Avenue.
Where is this industrial land located?
The property is located at 5008 Research Dr Canton, MI.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: LI zoning for industrial land use; 447 feet of frontage along Michigan Avenue (M‑12); Southwest corner of Michigan Avenue and Research Drive
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