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    45109 Michigan Ave Canton, MI 48188

    For Sale
    Contact for pricing

    Prime Canton location, Light Industrial zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2.2-acre parcel of land presents a unique investment opportunity in Canton, Michigan. Ideally situated at 45109 Michigan Avenue, this property boasts a highly desirable Light Industrial zoning designation (APN: 71-135-01-0001-302), making it suitable for a variety of commercial uses. The expansive lot size offers ample space for development, providing flexibility for future projects. Its strategic location within a major industrial corridor ensures excellent accessibility and visibility. The property is conveniently located just two miles west of I-275, providing easy access to major transportation routes and enhancing its logistical appeal. Furthermore, the high traffic count of 47,000 vehicles daily on Michigan Avenue guarantees significant exposure for any business established on this site. This prime land parcel represents a rare chance to acquire a well-positioned asset in a thriving industrial area, offering substantial potential for growth and return on investment. Wayne County location and 48188 zip code. Serious inquiries only.

    Property Features for 45109 Michigan Ave

    General Information

    Property type
    Land
    Lot Size
    95,832 SF

    HighLights

    • 2.2‑acre land parcel available for purchase.
    • Two miles west of I‑275.
    • Located in a major industrial corridor.
    • Light Industrial zoning.
    • 47,000 vehicles per day traffic count on Michigan Ave.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Wayne
    State
    Michigan
    Longitude
    -83.483607
    Latitude
    42.271588

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    FAQs

    What type of property is this?
    Land - Prime Canton location, Light Industrial zoning.
    Where is this land located?
    The property is located at 45109 Michigan Ave Canton, MI.
    What are key features of this property?
    This property features: 2.2-acre land parcel available for purchase.; Two miles west of I-275.; Located in a major industrial corridor.
    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
    45109 Michigan Ave Canton, MI 48188
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