Property summary
This exceptional 41,297 square foot Class C office building, known as Horizon Business Center East, presents a compelling investment opportunity. Located at 20500 Eureka Rd in Taylor, Michigan (48180), this strategically positioned property boasts convenient access to major transportation arteries, including the I-75 and Eureka Rd interchange, I-94, I-275, Telegraph Road, and the Southfield Freeway. Its proximity to Downtown Detroit, Detroit Metro Airport, and the headquarters of Ford and General Motors makes it highly attractive for businesses seeking a central location. Built in 1988, the building benefits from on-site management and maintenance, ensuring efficient operations. The property's location offers significant advantages, including proximity to two brand-new Marriott hotels, numerous restaurants, and Southland Mall (less than one mile away). Ample free parking is available for tenants and visitors. The asking price for this well-maintained office building is $4,000,000. This presents a rare opportunity to acquire a substantial office property in a high-demand area with excellent amenities and accessibility. The property's strong location and features make it an ideal investment for those seeking a stable and potentially high-return asset in the thriving Michigan market.
Property profile
VerifiedCap rate & NOI
Current use
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Medical Clinic
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Real Estate Agency
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Accounting Firm Tax Preparation
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Counselor Child Psychologist
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Law Firm
Location
Value estimations
Owner & transaction history
Zoning & alternative use
District is designed and intended to accommodate large office buildings and restricted related retail and service establishments which service large numbers of people
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2019Property description
Physical attributes from public recordsZoning & alternative use
O-2 · Taylor, MIDistrict is designed and intended to accommodate large office buildings and restricted related retail and service establishments which service large numbers of people
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
District is designed and intended to accommodate large office buildings and restricted related retail and service establishments which service large numbers of people
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for O-2 in Taylor, MI.
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Find the owner behind the property.
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