Property profile

40082 Michigan Ave Canton, MI 48188

OFF-MARKET
Commercial real estate
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Property ID
US43-0913923
2,732 SF 2.32 ac Built 1972
Last sale Jan 2022·$1,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$31k
Tax billed · 2023
Assessed value · 2024$578k
Effective rate5.45%

Value estimate

· Nov 2026
$1.64M
$1.48M – $1.80M
Submarket $/SF estimate$697k

Realmo valuation models over county records and 34 qualifying comparable sales.

Recently sold

What actually traded nearby?
$167/SF
Submarket average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$70 – $255
Qualifying comparables34

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-4
C-2, COMMUNITY COMMERCIAL DISTRICT ARTICLE 16.00. - C-2, COMMUNITY COMMERCIAL DISTRICT Expand ARTICLE 17.00. - C-3, REGIONAL COMMERCIAL D...
General categoryCOMMERCIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.0
Restaurant18.6
Law Firm17.3

Location

40082 Michigan Ave Canton, MI 48188-2906
County assessor Recorded deeds · 1 transfer 34 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5080 Belleville, Canton, MI 48188-2408 $200,000 Apr 2025 1,554 SF
45425 Michigan, Canton, MI 48188-2308 $2,700,000 Jan 2023 4,367 SF
42158 Michigan, Canton, MI 48188-2600 $475,000 Aug 2022 No data
40065 Michigan, Canton, MI 48188-2923 $90,000 May 2021 No data
49491 Cherry Hl, Canton, MI 48188-1007 $750,000 Dec 2020 No data
5755 Beck, Canton, MI 48188-2200 $60,000 Sep 2020 1,140 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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