23561 Van Born Rd Taylor, MI 48180-1228
- Retail space
- 4,397 SF
- 0.14 lot acres
Current Use by Public Records
- 5 Star Plumbing (Formerly S&W Plumbing) / Plumber
Property Details for 23561 Van Born Rd
- Lot size
- 0.14 lot acres
- Property size
- 4,397 SF
- Zone code
- B-3
- Property type
- Retail space
- APN
- 60 006 02 0964 000
- APU
- 60006020964000
Description
This exceptional 4,397-square-foot commercial property, located at 23561 Van Born Rd, Taylor, MI 48180 (cross streets: Van Born & Pine), presents a unique opportunity for a single-tenant retail business. The building offers a flexible layout, suitable for a variety of uses including retail, office, or warehouse space. Currently configured as a 1,155 square foot retail space, the property is easily customizable with landlord approval to meet specific tenant needs. Situated next to an established plumbing company, this location benefits from high visibility and consistent traffic flow from both homeowners and contractors. The property's ideal location provides easy access and ample parking, creating a convenient and attractive environment for customers. Its proximity to I-94 (within 5 minutes) ensures excellent accessibility for employees and customers alike. The surrounding area features numerous national retailers, further enhancing the property's visibility and appeal. This is an exceptional opportunity to establish a business in a thriving commercial area with built-in demand and excellent exposure. The property is categorized as Retail, Office, Flex, and Warehouse.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $310,000
- 6.5%
- $290,000
- 7%
- $280,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $305,000
- Geo Method
- $285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $250,000
- Retail
- $335,000
- Mixed-Use
- $320,000
- Hospitality
- $245,000
- Educational
- $305,000
- Residential Income
- $270,000
- Energy
- $340,000
- Income-Based Land
- $285,000
- Food Service
- $260,000
Location Insight
- Map
- Local Demand
- City
- Taylor
- County
- Wayne
- State
- Michigan
- Longitude
- -83.2647
- Latitude
- 42.2689
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA