Property profile

47351 Michigan Ave Canton, MI 48188

OFF-MARKET
Industrial land
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Property ID
US43-0587733
1,728 SF 8.67 ac Built 1940
Last sale Nov 2023·$650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This exceptional 13,000 square foot medical office building, situated on a 2.54-acre lot at 47351 Michigan Avenue in Canton, Michigan (48188), presents a unique investment opportunity. The property boasts a flexible layout, allowing for single or multiple tenant occupancy, with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 13,000 square feet. Currently configured as a single suite, this one-story building is ideally suited for a variety of medical practices…

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?
$29k
Tax billed · 2023
Assessed value · 2024$512k
Effective rate5.73%

Value estimate

· Nov 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$68/SF
Submarket average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$45 – $92
Qualifying comparables6

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?
G-1
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 agency17.4
Law Firm14.4
Dental Office13.8

Location

47351 Michigan Ave Canton, MI 48188-2310
County assessor Recorded deeds · 2 transfers 6 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Belleville, Canton, MI 48188 $300,000 Sep 2024 No data
Sheldon S, Canton, MI 48188 $150,000 Sep 2023 No data
44141 Yost, Canton, MI 48188 $100,000 May 2023 No data
41290 Van Born, Canton, MI 48188-2745 $500,000 Dec 2022 3,200 SF
Willard, Canton, MI 48188 $7,000 Aug 2022 No data
4891 Sheldon, Canton, MI 48188-2526 $165,000 Feb 2019 1,112 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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