For Sale
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Property summary
This exceptional 60,000 square foot vacant retail property, located at 22265 Eureka Rd, Taylor, MI 48180, presents a compelling value-add opportunity. Situated on a 7.17-acre lot zoned B-2 (Regional Business District), this former theater enjoys a prime location in Taylor's thriving retail corridor. Eureka Road boasts over 46,000 vehicles daily, ensuring high visibility and accessibility. The property benefits from ample parking and a strategic adjacency to the new 300,000 square foot Taylor Menards. Its proximity to Southland Central Center Mall, the only regional mall south of I-94 in the Detroit suburbs, further enhances its appeal. Less than a quarter-mile from I-75, this location provides seamless access to Detroit's extensive freeway network. The affluent demographic, with over 211,000 people within a 5-mile radius and an average annual income exceeding $75,000, offers a strong consumer base. This property's favorable zoning allows for diverse uses, maximizing its potential for significant return on investment at a low price per square foot. This is a rare chance to acquire a substantial retail space in a high-demand location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
District is intended to serve a larger population than is serviced by a B-1 district and the district is general characterized by an integrated or planned cluster of establishments serviced by a common parking area and g…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Taylor, MIDistrict is intended to serve a larger population than is serviced by a B-1 district and the district is general characterized by an integrated or planned cluster of establishments serviced by a common parking area and g…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
District is intended to serve a larger population than is serviced by a B-1 district and the district is general characterized by an integrated or planned cluster of establishments serviced by a common parking area and g…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-2 in Taylor, MI.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning