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    42433 Ford Rd Canton, MI 48187

    Sponsored
    For Lease
    $16 SF/Yr ($16,000 /Mo)

    High-visibility Canton retail space available.

    Lot size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 12,000-square-foot retail property, located at 42433 Ford Rd in Canton, Michigan, presents a significant opportunity for a single-tenant user. The building is currently vacant and offers immediate occupancy. Situated in Wayne County, the property benefits from a C-2 Community Commercial zoning designation, allowing for a wide range of commercial uses. The building's substantial size provides ample space for a variety of retail concepts, offering flexibility for businesses seeking a prominent location. The address boasts excellent visibility and accessibility, ensuring high traffic flow and customer convenience. This prime retail space is ready for immediate lease and represents a unique chance to establish a strong presence in a thriving Canton community. The property's 12,000 square feet of vacant space provides a blank canvas for a business to customize and design their ideal retail environment. With its strategic location and flexible zoning, this property is an attractive investment for businesses seeking growth and expansion in the Canton market. Interested parties are encouraged to inquire further to explore the possibilities this exceptional retail space offers. The zip code for this property is 48187.

    Property Features for 42433 Ford Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,000 SF
    Total Rate
    16000

    Unit(s) available at that property

    Space
    Available Space
    Size
    12,000 SF
    Rate per SF
    $16

    HighLights

    • 10,000 SF former CVS building (100' x 122') available.
    • C‑2 Community Commercial zoning.
    • High‑traffic location at a signalized intersection.
    • Strong co‑tenancy with HomeGoods, Hobby Lobby, Cosmo Salon Suites, and Outback Steakhouse.
    • High daily traffic counts: 31,000 on Ford Rd, 13,000 on Lilley Rd.
    • Excellent location near Ikea, Marshalls, Michaels, Panera, Aldi, Dunham's, Fresh Thyme Market, Target, and Starbucks.
    Property Profile Location Intelligence

    Current Use by Public Records

    CVS Pharmacy Pharmacy CVS Drug Store CVS Photo Passport Photo Processor CDReload - Online Bitcoin ... Crypto Atm UPS Access Point ... Shipping And Mailing Service

    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
    -83.4592284
    Latitude
    42.3216132

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    FAQs

    What type of property is this?
    Retail property - High-visibility Canton retail space available.
    Where is this retail property located?
    The property is located at 42433 Ford Rd Canton, MI.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 10,000 SF former CVS building (100' x 122') available.; C-2 Community Commercial zoning.; High-traffic location at a signalized intersection.
    Request Owner's contact information
    42433 Ford Rd Canton, MI 48187
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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
    42433 Ford Rd Canton, MI 48187
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