20332 Eureka Rd, Taylor, MI 48180-5310
This exceptional investment opportunity presents a 12,556-square-foot, single-story office building located at 20332 Eureka Road in Taylor, Michigan, 48180. The property, built in 1994, is classified as a Class B building and features a desirable multi-tenant occupancy of five businesses, currently operating at 100% capacity. The building boasts a strong net operating income (NOI) of $195,250, yielding a compelling 9% capitalization rate. Priced at $2,170,000 ($139.38 per square foot), this is an owner/user investment opportunity with a NNN lease type. The property is zoned B-2, Regional Business District, and offers convenient access to I-75, placing it in a high-traffic area with approximately 23,765 vehicles passing daily. The building features both front and rear private entrances, ample parking, and a lower level with elevator access. Current tenants include a diverse mix of established businesses, including medical and professional services. The location is strategically situated near Southland Mall, surrounded by residential areas and major retail stores, making it an attractive location for both tenants and investors. The property's strong occupancy, high NOI, and prime location in the thriving Downriver submarket of Southern Wayne County make it a highly desirable investment. Within a five-mile radius, the population exceeds 220,540 residents. This is a rare opportunity to acquire a stable, high-performing commercial property in a sought-after location.
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Illuminate ABA Therapy Medical Clinic
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Faith Moore Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Taylor, MITaylor. Always verify with local authorities before improvements.
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.