Property profile

23000 Eureka Rd Taylor, MI 48180

OFF-MARKET
Retail properties & Spaces
Property ID
US43-1166365
237,058 SF 2.82 ac lot Built 1969
Entity Owned 21-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 6,060-square-foot retail space, formerly a Primanti Bros. restaurant, is available for lease in Taylor, Michigan. Located at 23000 Eureka Road, this single-tenant property offers significant potential for a variety of restaurant or retail businesses. The entire building is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. Situated in Wayne County, this property benefits from high visibility and accessibility due to its location on Eureka Road. The building's substantial square footage allows for ample space for dining, kitchen operations, storage, and customer amenities. The property's previous use as a successful restaurant suggests strong potential for similar ventures. This is a rare opportunity to acquire a well-located, sizable retail space in a thriving area. The property is ready for immediate occupancy, eliminating the need for extensive renovations or build-out. Interested parties are encouraged to inquire for further details and leasing information. The property's address is 23000 Eureka Road, Taylor, MI 48180. The geographic coordinates are latitude 42.2009346 and longitude -83.2547275. This property presents a unique opportunity for a business seeking a prominent location in a busy commercial area.

Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1969
Total area 237,058 SF
Lot 2.82 ac (122,839 SF)
Zoning code B-2
APN 60 072 99 0022 006
UPID US43-1166365

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store Clothing & Fashion Store
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store Clothing & Fashion Store
  • Tax Preparation

Location

23000 Eureka Rd Taylor, MI 48180-6039
Taylor metro Census 982400 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$17.17M
Blend (final) Blend
$17.18M

Owner & transaction history

since 2004
1 recorded transaction
2004
Price N/A

Zoning & alternative use

B-2 · Taylor, MI
Zoning description

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…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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