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    20500 Eureka Rd Taylor, MI 48180

    Sponsored
    For Sale
    $4,000,000

    41,297 SF Office Building, $4M Asking Price

    Property size:
    41,297 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 41,297 square foot Class C office building, known as Horizon Business Center East, presents a compelling investment opportunity. Located at 20500 Eureka Rd in Taylor, Michigan (48180), this strategically positioned property boasts convenient access to major transportation arteries, including the I-75 and Eureka Rd interchange, I-94, I-275, Telegraph Road, and the Southfield Freeway. Its proximity to Downtown Detroit, Detroit Metro Airport, and the headquarters of Ford and General Motors makes it highly attractive for businesses seeking a central location. Built in 1988, the building benefits from on-site management and maintenance, ensuring efficient operations. The property's location offers significant advantages, including proximity to two brand-new Marriott hotels, numerous restaurants, and Southland Mall (less than one mile away). Ample free parking is available for tenants and visitors. The asking price for this well-maintained office building is $4,000,000. This presents a rare opportunity to acquire a substantial office property in a high-demand area with excellent amenities and accessibility. The property's strong location and features make it an ideal investment for those seeking a stable and potentially high-return asset in the thriving Michigan market.

    Property Features for 20500 Eureka Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    41,297 SF
    Class
    C

    Building Details

    Year Built
    1988

    HighLights

    • Excellent I‑75 & Eureka Rd interchange location.
    • Minutes to Downtown Detroit, Detroit Metro Airport, and major auto manufacturers.
    • On‑site management and maintenance provided.
    • Across from two new Marriott hotels.
    • Abundant nearby restaurants.
    • Less than one mile from Southland Mall.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bernard Ball & Associates Mental Health Clinic Horizon Business Center ... Commercial Real Estate Agency ​HCA ASSOCIATES INC Accounting Firm Ms. Lakita Snead, ... Counselor Vining Law Group Personal Injury Attorney

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Taylor
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2354421
    Latitude
    42.198853

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    FAQs

    What type of property is this?
    Office Property / Space - 41,297 SF Office Building, $4M Asking Price
    Where is this office property / space located?
    The property is located at 20500 Eureka Rd Taylor, MI.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: Excellent I-75 & Eureka Rd interchange location.; Minutes to Downtown Detroit, Detroit Metro Airport, and major auto manufacturers.; On-site management and maintenance provided.
    Request Owner's contact information
    20500 Eureka Rd Taylor, MI 48180
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    Taylor, MI 48180
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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
    20500 Eureka Rd Taylor, MI 48180
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