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Property profile & analytics
OFF-MARKET
Retail space

23869 Van Born Rd Taylor, MI 48180-1226

3,200 SF 0.09 ac lot Built 1946
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-0065987
Property summary
AI-generated overview

This versatile 3,200 square foot commercial property located at 23869 Van Born Road in Taylor, Michigan, presents a significant leasing opportunity. Built in 1946, the single-tenant building offers a blend of retail, office, industrial, and warehouse space, suitable for a variety of businesses. The property's zoning is commercial, allowing for diverse uses including traditional office, coworking, manufacturing, and distribution. The space is currently entirely vacant, providing a blank canvas for a new tenant. Key features include convenient access to Telegraph Road and I-94, enhancing visibility and accessibility. The building boasts ample floor space and storage, complemented by a rear alley access for easy loading and unloading. Internal amenities include two bathrooms, a kitchenette, gated windows for enhanced security, a pre-installed security system, and high ceilings. A significant advantage is the availability of a large storage unit two doors down, offering optional additional lease space. The property's location in the 48180 zip code provides access to a robust local market. This is an exceptional opportunity for a business seeking a well-located, adaptable space with numerous features.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1946
Total area 3,200 SF
Lot 0.09 ac (3,920 SF)
Zoning code B-3
APN 60 006 02 0703 000
UPID US43-0065987
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
  • Appliances and More Liquidation Home Decor Store Department Store
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
Rfg Property LLC · 3 yrs held
Rfg Property LLC
since 2022
Last sale
$130,000
4 recorded transactions
2022
$130,000
2011
Price N/A
2006
$130,000
1969
Price N/A
Zoning & alternative use
B-3 · Taylor, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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