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    Sec Warren & Sheldon Rds Canton, MI 48187

    Sponsored
    For Sale
    $450,000

    3.08-acre commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3.08-acre commercial land parcel is situated at the southeast corner of Warren and Sheldon Roads in Canton, Michigan, zip code 48187. Zoned C-1: Village Shopping, this property presents a remarkable opportunity for developers seeking a high-visibility location. Its strategic placement offers unparalleled accessibility, being conveniently located just one mile west of Oakwood Hospital, and within easy reach of I-275 and Ford Road. The area boasts a strong retail presence, with major national retailers such as Meijer, Lowe's, Target, and Ikea all situated on Ford Road, approximately one mile south of the property. This prime location ensures high traffic volume and excellent visibility, making it an attractive site for a variety of commercial ventures. The expansive lot size provides ample space for development, allowing for flexibility in design and functionality. This is a rare opportunity to acquire a significant commercial land parcel in a thriving and highly desirable area of Canton, Michigan. The property's proximity to major roadways, healthcare facilities, and established retail centers makes it an exceptional investment opportunity with significant potential for future growth and profitability. The C-1 zoning allows for a wide range of commercial uses, making it suitable for various development projects.

    Property Features for 0 Sec Warren & Sheldon Rds

    General Information

    Property type
    Land
    Lot Size
    134,165 SF

    HighLights

    • 3.08‑acre commercial land parcel for sale at the southeast corner of Warren and Sheldon Roads, Canton, MI 48187, zoned C‑1 Village Shopping.
    • Excellent location for medical office users, one mile from Oakwood Hospital.
    • Easy access to I‑275 and Ford Road.
    • High‑traffic location near major retailers including Meijer, Lowe's, Target, and Ikea on Ford Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Canton
    County
    Wayne
    State
    Michigan
    Longitude
    -83.4775496
    Latitude
    42.3101702

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    FAQs

    What type of property is this?
    Land - 3.08-acre commercial lot, ideal for development.
    Where is this land located?
    The property is located at Sec Warren & Sheldon Rds Canton, MI.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 3.08-acre commercial land parcel for sale at the southeast corner of Warren and Sheldon Roads, Canton, MI 48187, zoned C-1 Village Shopping.; Excellent location for medical office users, one mile from Oakwood Hospital.; Easy access to I-275 and Ford Road.
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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
    Sec Warren & Sheldon Rds Canton, MI 48187
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