40012-40026 Michigan Ave, Canton, MI 48188
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.