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    Lotz Rd Canton, MI 48188

    Sponsored
    For Sale
    $245,000

    7.72 Acres, Prime Location, Must Sell!

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 7.72-acre industrial land parcel in Canton, Michigan, presents a compelling investment opportunity. Located in Wayne County, with the APN 71-143-99-0013-000, this property boasts significant frontage along the I-275 Expressway, providing unparalleled access and visibility. Situated just north of Van Born Road, it benefits from convenient access to the I-275 Expressway via the Michigan Avenue interchange. The property is zoned for Light Industrial use (LT. INDUSTRIAL), offering flexibility for a variety of development projects. The asking price is $245,000, translating to an attractive price per acre of $31,735. This is a rare opportunity to acquire a strategically located industrial land parcel with excellent highway access in a thriving market. The seller is highly motivated, making this a must-see property for developers and investors seeking a prime location in Canton, MI, with a zip code of 48188. The coordinates are 42.2868254 latitude and -83.4385448 longitude. Don't miss this chance to secure this exceptional piece of land.

    Property Features for 0 Lotz Rd

    General Information

    Property type
    Land
    Lot Size
    336,283 SF

    HighLights

    • 7.72‑acre parcel available for sale.
    • Light Industrial zoning.
    • I‑275 Expressway frontage.
    • $245,000 asking price ($31,735.75 per acre).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Canton
    County
    Wayne
    State
    Michigan
    Longitude
    -83.4385448
    Latitude
    42.2868254

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    FAQs

    What type of property is this?
    Land - 7.72 Acres, Prime Location, Must Sell!
    Where is this land located?
    The property is located at Lotz Rd Canton, MI.
    What is the asking price?
    The asking price for this property is $245,000.
    What are key features of this property?
    This property features: 7.72-acre parcel available for sale.; Light Industrial zoning.; I-275 Expressway frontage.
    Request Owner's contact information
    Lotz Rd 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
    Lotz Rd Canton, MI 48188
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