Equipped Coffee
For Sale
$200,000
81812 Ford Rd, Canton, MI 48187
Built in 2024 with equipment included for continued coffee-shop operations.
Property Size1,400 SF
Price / SF$142.86
Days on Market24
Property Features for 81812 Ford Rd
General Information
Standard status
Active
Size
1,400 SF
Property subtype
Business Opportunity
Zoning
Commercial
Lease Term
Cash, Conventional
Additional Details
Business Included
Yes
Equipment Included
Yes
Building Details
Building Size
1,400 SF
Year Built
2024
Stories
1
Listing Agency:
Real Estate One-Dbn Hts/Dbn
(313) 565-3200
Listed By:
Ali M Shariff · License #6501303931
(313) 565-3200
Source:
Sabudarealty
Added: Aug 1
Changed: Aug 23
Last Checked: Aug 24 at 2:53PM
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 Real Estate One-Dbn Hts/Dbn
Investment Insights
Based on property information with market context.
This coffee shop business was established in a building completed in 2024. Equipment is included, supporting continued operation without removing the core setup identified in the listing.
The property is located at 81812 Ford Rd in Canton, Michigan, and is offered as a coffee-shop business opportunity. The listing records a property size of 1,500 and identifies the asset as available for sale.
The property is located at 81812 Ford Rd in Canton, Michigan, and is offered as a coffee-shop business opportunity. The listing records a property size of 1,500 and identifies the asset as available for sale.
Key Highlights
- Coffee shop business established in a 2024 building
- Equipment included with the business
- Located at 81812 Ford Rd, Canton, MI 48187
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,144
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$362,880
$362.9K
Cap Rate 7%
$259,200
$259.2K
Cap Rate 9%
$201,600
$201.6K
Market Conditions
NOI Build-Up for 1,400 SF
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.
Gross rent
$25.2K $18.00/SF
− Vacancy
−$1.0K −$0.72/SF
EGI
$24.2K $17.28/SF
− OpEx
−$6.0K −$4.32/SF
NOI
$18.1K $12.96/SF
Area
Wayne County, MI
Vacancy
4.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$362,880
Cap Rate 7%
$259,200
Cap Rate 9%
$201,600
Alternative Uses
Best Use
Specialty Retail
$259.2K
$226.8K – $302.4K
NOI $18,144 @ 7.0% cap · market cap 9.07%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48187, MI
52,498
Population
20,548
Households
2.6
Avg Household Size
39
Median Age
53%
College-Educated
95%
High-School Grad
18.1 sq mi
ZIP Area
2,900
Density / Sq Mi
$117,980
Median Household Income
$60,137
Median Earnings
$1,435
Median Rent
$341,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Coffee shop - Built in 2024 with equipment included for continued coffee-shop operations.
Where is this coffee shop located?
The property is located at 81812 Ford Rd Canton, MI.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Coffee shop business established in a 2024 building; Equipment included with the business; Located at 81812 Ford Rd, Canton, MI 48187
