Property profile & analytics
6820 Monroe Blvd Taylor, MI 48180
- Manufacturing properties
- 6,180 SF
- 0.30 lot acres
Location Intelligence
Property ID
US43-0049713
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Manufacturing properties
Property Details for 6820 Monroe Blvd
- Year built
- 1947
- Lot size
- 0.30 lot acres
- Property size
- 6,180 SF
- Zone code
- I-1
- Property type
- Manufacturing properties
- APN
- 60 008 99 0021 700
- APU
- 60008990021700
Description
This exceptional 6,070 square foot retail building, located at 6820 Monroe Boulevard in Taylor, Michigan (48180), presents a unique investment opportunity. Built in 1947, this single-story structure sits on a parcel with APN 60-008-99-0021-700 and is zoned for retail dispensary use. The asking price is $3,000,000, translating to $494.23 per square foot. The property boasts ample parking and is strategically positioned as one of the few non-industrial park locations near the retail-centric Ecorse Road. The City of Taylor is anticipated to adopt a recreational cannabis ordinance in Spring 2023, making this a prime location for cannabis-related businesses. This is a cash sale only
Value Estimation
by Realmo proprietary methodology
Last update: July 3, 2025
-
AI approach
- CAP return
- Estimation
- Estimation
- $495,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $510,000
- 6.5%
- $500,000
- 7%
- $425,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $485,000
- Geo Method
- $420,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $565,000
- Retail
- $405,000
- Mixed-Use
- $475,000
- Hospitality
- $475,000
- Educational
- $440,000
- Residential Income
- $455,000
- Energy
- $515,000
- Income-Based Land
- $560,000
- Food Service
- $555,000
Location Insight
- Map
- Local Demand
- City
- Taylor
- County
- Wayne
- State
- Michigan
- Longitude
- -83.2507
- Latitude
- 42.2589
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,758
$0.00
$0.00
$79,200
-
$0.00
$0.00
$158,400
