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    OFF-MARKET
    Land

    40012-40026 Michigan Ave, Canton, MI 48188

    3.74 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.74-acre commercial land parcel presents a unique development opportunity in Canton, Michigan. Ideally situated along Michigan Avenue and I-275, this property boasts 260 feet of frontage on a highly sought-after corridor. Zoned C-4 (Highway Intersection), it allows for diverse commercial uses, particularly those suited to high-traffic intersections. The offering includes two parcels (including parcel #71100990020000), providing significant value. Property taxes, State Equalized Value (SEV), and taxable values reflect the combined assessment of both parcels. The land is cleared and ready for immediate development, making it an attractive investment for businesses seeking a prime location in a thriving area. This is a rare chance to establish a presence in one of Canton's most desirable commercial zones. The property's strategic location offers excellent visibility and accessibility, ensuring high potential for success. Don't miss this opportunity to capitalize on this exceptional commercial land offering in a dynamic and growing market. The asking price is $649,900.

    Property profile
    Verified
    Property type Land
    Lot 3.74 ac (162,914 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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