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    10500 Pelham Rd Taylor, MI 48180

    Sponsored
    For Sale
    $295,000

    0.49-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.49-acre commercial land parcel presents a unique investment opportunity in Taylor, Michigan. Strategically located on Pelham Road, directly across from a newly constructed Taco Bell, this property benefits from high visibility and significant daily traffic. The lot's prime position at the intersection where Allen Road splits ensures maximum exposure to a large customer base. Its proximity to the Detroit Metro Airport further enhances its appeal, offering convenient access for businesses and commuters alike. The property is situated in a thriving area that intersects with Allen Park and Southgate, providing access to a diverse and substantial market. This half-acre lot is priced competitively at $295,000, making it an attractive proposition for developers and investors seeking a high-traffic location with excellent growth potential. The address is 10500 Pelham Road, Taylor, MI 48180, within Wayne County. This location offers unparalleled access to major roadways and a dense population center, making it ideal for a variety of commercial ventures. Don't miss this chance to acquire a highly visible and strategically located commercial property in a rapidly developing area.

    Property Features for 10500 Pelham Rd

    General Information

    Property type
    Land
    Lot Size
    21,344 SF

    HighLights

    • High‑traffic Pelham Road location at Allen Road intersection.
    • Across from a newly constructed Taco Bell.
    • 0.5‑acre parcel.
    • Excellent proximity to Detroit Metro Airport.
    • Strategically located at the intersection of Allen Park, Southgate, and Taylor.
    • $295,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Taylor
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2305361
    Latitude
    42.2310471

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    FAQs

    What type of property is this?
    Land - 0.49-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 10500 Pelham Rd Taylor, MI.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: High-traffic Pelham Road location at Allen Road intersection.; Across from a newly constructed Taco Bell.; 0.5-acre parcel.
    Request Owner's contact information
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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
    10500 Pelham Rd Taylor, MI 48180
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