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Property profile & analytics
FOR LEASE
Retail space
20740 Ecorse Rd, Taylor, MI 48180
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-1794505
For Lease
1 / 2
Contact for pricing
20740 Ecorse Rd, Taylor, MI 48180
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Property summary
AI-generated overview
This exceptional 1,200 square foot freestanding retail storefront, located at 20740 Ecorse Road in Taylor, Michigan, presents a compelling investment opportunity. Built in 1959, this single-story building sits on a 0.18-acre lot and is zoned B-3 (General Business District), offering considerable flexibility for a variety of uses. The property features a spacious 20' x 60' layout, ideal for sales or service-oriented businesses. Currently occupied by a month-to-month tenant, this presents an owner/user opportunity or a strong potential for rental income. The asking price is $150,000. The property's prime location on Ecorse Road ensures high visibility and accessibility. With its convenient location, ample space, and flexible zoning, this property is well-suited for a range of commercial ventures. The property's parcel number (APN) is 60-004-01-0321-000. This is a sale of real estate only
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1959
Total area
1,165 SF
Lot
0.05 ac (2,178 SF)
Zoning code
B-3
APN
60 004 01 0321 000
UPID
US43-1794505
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Jayco Comfort Systems HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rustam LLC · 1 yrs held
Rustam LLC
since 2025
2 recorded transactions
Zoning & alternative use
B-3 · Taylor, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Taylor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Taylor submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2019Property tax & assessments
Tax year 2019
Tax billed
$2,561
Tax year 2019
Assessed value
$46,200
Assessed 2024
Previous assessed
$40,900
+13.0% YoY
Effective rate
5.54%
On assessed value
Total market value
$92,400
Applied tax rate
82,150.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1959
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
1,165 SF
Lot
0.05 ac (2,178 SF)
Zoning code
B-3
APN
60 004 01 0321 000
UPID
US43-1794505
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
B-3 · Taylor, MI
Zoning B-3 · permitted uses
B-3 · Taylor, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Taylor. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1959
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Rustam LLC
Entity
Free & Clear · 1 yrs held
Mailing address
25755 WILSON DR, DEARBORN HEIGHTS, MI 48127-3448
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2025
—
Rustam LLC
Rita Persicone Hench
Deed
—
Dec 5, 2008
—
Persicone Verginio Living
Persicone,verginio
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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