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Property profile & analytics
OFF-MARKET Estimated value $2,680,000
Outlet malls

23271 Eureka Rd Taylor, MI 48180-5240

27,667 SF 2.46 ac lot Built 2016
Entity Owned 13-yr Hold Absentee Owner Free & Clear
Property ID
US43-4911949
Property summary
AI-generated overview

This exceptional retail opportunity presents a newly constructed 12,154 square foot space located within the thriving Taylor Shopping Center in Wayne County, Michigan. Situated at 23271 Eureka Road, zip code 48180, this property offers unparalleled visibility and accessibility, boasting a prime location directly across from the Southland Mall. The center enjoys strong anchor tenants including PetSmart, Dick's Sporting Goods, and Party City, ensuring high foot traffic and a robust customer base. The entire 12,154 square feet is currently vacant and available for lease, offering flexibility for a single large tenant or the possibility of dividing the space into smaller units, with a minimum divisible space of 5,000 square feet. This presents a unique chance to establish a prominent retail presence in a high-demand area. The property is classified as a multi-tenant shopping center and is ideal for a variety of retail uses. Its strategic location and strong anchor tenants make this an exceptional investment opportunity. The property's latitude and longitude coordinates are 42.1965106 and -83.258713 respectively. Contact us today to learn more about this exciting opportunity.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2016
Total area 27,667 SF
Lot 2.46 ac (107,158 SF)
Zoning code B-2
APN 60 089 01 0592 322
UPID US43-4911949
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
  • TagWorks (Bike/Boat/Book/etc) Store Pet Store & Service
  • PetSmart (Bike/Boat/Book/etc) Store Pet Store & Service
  • PetSmart Grooming Pet Grooming Service
  • PetSmart Dog Training Animal Training
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.68M
Blend (final) Blend
$2.68M
Owner & transaction history
Cole Pm Taylor Mi LLC · 13 yrs held
Cole Pm Taylor Mi LLC
since 2013
2 recorded transactions
2013
Price N/A
2008
$3.2M
Zoning & alternative use
B-2 · Taylor, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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