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    Canton Center Rd Canton, MI 48188

    Sponsored
    For Sale
    $990,000

    1.49 Acres, High Traffic Area, O-1 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.49-acre commercial land parcel presents a unique investment opportunity in Canton, Michigan. Strategically located on Canton Center Road, the property boasts 241 feet of frontage, ensuring high visibility and accessibility. The O-1 zoning allows for a variety of commercial uses, providing flexibility for potential development. The site benefits from ingress/egress rights over Primrose Lane, enhancing operational efficiency and convenience. With a significant daily traffic count of 26,200 vehicles on Canton Center Road, this location offers unparalleled exposure to a large consumer base. The property's prime location in Wayne County, Michigan, and its proximity to major thoroughfares, makes it an ideal site for businesses seeking high visibility and convenient access. The asking price is $990,000. This is a rare opportunity to acquire a well-positioned commercial land parcel in a thriving Michigan community. The property's size and zoning make it suitable for a wide range of commercial ventures. Serious inquiries are encouraged. The address is Canton Ctr Rd, Canton, MI 48188.

    Property Features for 0 Canton Center Rd

    General Information

    Property type
    Land
    Lot Size
    64,904 SF

    HighLights

    • 241 feet of frontage on Canton Center Road.
    • O‑1 zoning.
    • Ingress/egress rights via Primrose Lane.
    • High traffic count: 26,200 vehicles daily on Canton Center Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Canton
    County
    Wayne
    State
    Michigan
    Longitude
    -83.4863174
    Latitude
    42.2896088

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    FAQs

    What type of property is this?
    Land - 1.49 Acres, High Traffic Area, O-1 Zoning
    Where is this land located?
    The property is located at Canton Center Rd Canton, MI.
    What is the asking price?
    The asking price for this property is $990,000.
    What are key features of this property?
    This property features: 241 feet of frontage on Canton Center Road.; O-1 zoning.; Ingress/egress rights via Primrose Lane.
    (248) 540-1000
    Request Owner's contact information
    Canton Center Rd Canton, MI 48188
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    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
    Canton Center Rd Canton, MI 48188
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