Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Shoppes Of Lyon Taylor, MI 48180
    Back to Search
    Property profile & analytics

    Shoppes Of Lyon Taylor, MI 48180

    View on Map
    • Neighborhood centers
    • 11,200 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 0 Shoppes Of Lyon

    Property size
    11,200 SF
    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    This 11,200 square foot retail strip center, located in the Shoppes of Lyon in Taylor, Michigan (zip code 48180), offers a prime opportunity for businesses seeking high visibility and convenient access. Currently, 1,600 square feet of retail space is available for lease within this multi-tenant property situated in Oakland County. The property boasts a strong location within a thriving commercial area, ensuring high foot traffic and excellent exposure to potential customers. The available space is ideal for a variety of retail uses, offering ample room for a diverse range of businesses to establish a presence. The building's overall size of 11,200 square feet indicates a substantial and well-established retail center. The address is Shoppes of Lyon, Taylor, MI, 48180, with precise coordinates at latitude 42.2164077 and longitude -83.2720082. This presents a unique chance to secure a prominent location in a busy retail environment. The property's classification as a strip center suggests convenient access and ample parking for customers. Interested parties are encouraged to inquire about lease terms and conditions to explore this exceptional retail opportunity. The available space is ready for immediate occupancy, providing a seamless transition for new businesses.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Taylor
    County
    Oakland
    State
    Michigan
    Longitude
    -83.272
    Latitude
    42.2164

    Comparable in this City

    • Value Estimation by Request
      4,450 SF

      19041-29493 7 Mile Rd

      Neighborhood centers • 4,450 SF
      19041-29493 7 Mile Rd, Taylor, MI 48180
      View Details
    • Value Estimation by Request
      7,048 SF

      22606-22610 Northline Rd

      Neighborhood centers • 7,048 SF
      22606-22610 Northline Rd, Taylor, MI 48180
      View Details
    • Value Estimation by Request
      9,105 SF

      22010-22040 Eureka Rd

      Lifestyle centers • 9,105 SF
      22010-22040 Eureka Rd, Taylor, MI 48180
      View Details
    • Value Estimation by Request
      3,150 SF

      23702 Eureka Rd

      Neighborhood centers • 3,150 SF
      23702 Eureka Rd, Taylor, MI 48180
      View Details
    • Value Estimation by Request
      86,287 SF

      27250 Eureka Rd

      Lifestyle centers • 86,287 SF
      27250 Eureka Rd, Taylor, MI 48180
      View Details
    • Value Estimation by Request
      8.40 Acres

      7838 Telegraph Rd

      Lifestyle centers • 8.40 Acres
      7838 Telegraph Rd, Taylor, MI 48180
      View Details

    Similar Nearby for Sale

    • $199,000
      2,160 SF

      Restaurant in Kirklynn Plaza

      Restaurant in a convenient location surrounded by residential development.
      22300 Goddard Rd, Taylor, MI 48180
      View Details
    • Contact for pricing
      5,602 SF

      Bob Evans NNN Investment Opportunity

      Long-term NNN lease with annual rent increases and strong sales.
      20465 Eureka Rd, Taylor, MI 48180
      View Details
    • $224,900
      1,559 SF

      Taylor, MI Commercial Building For Sale

      Commercial building with road frontage, previously a brewery/restaurant.
      21090 Goddard Rd, Taylor, MI 48180
      View Details
    • $350,000
      6,942 SF

      Commercial Property in Taylor, MI

      Spacious commercial property suitable for retail, warehouse, or other uses.
      25595 Van Born Rd, Taylor, MI 48180
      View Details
    • $469,000
      6,745 SF

      Commercial Property with Kitchen Infrastructure

      Commercial property in Taylor, MI, featuring kitchen infrastructure.
      25621 Ecorse Rd, Taylor, MI 48180
      View Details
    • Contact for pricing
      60,000 SF

      Retail Property for Sale

      Retail property available for sale, approximately 60000 square feet.
      22265 Eureka Rd, Taylor, MI 48180
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space for Lease

      Retail property available for lease in Livonia, Michigan.
      19041-29493 W 7 Mile Rd, Livonia, MI 48180
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space in Shopping Center

      Retail space available in a well-located shopping center.
      23471 Eureka Rd, Taylor, MI 48180
      View Details
    • Contact for pricing
      3,740 SF

      Retail Space in Taylor Epicenter

      Located in Taylor's regional retail corridor on Eureka Road.
      22269-22269 Eureka Rd, Taylor, MI 48180
      View Details
    • $2,000 /Mo

      Eureka Road Retail Leasing Opportunity

      Aggressively priced retail spaces for lease in Taylor, Michigan.
      22263-23307 Eureka Rd, Taylor, MI 48180
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Shoppes Of Lyon
    Taylor, MI 48180
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Shoppes Of Lyon, Taylor, MI, 48180
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!