Property profile

40027 Michigan Ave Canton, MI 48188

OFF-MARKET
Commercial real estate
Property ID
US43-0993125
3,408 SF 3.33 ac lot Built 1940
Entity Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1940
Total area 3,408 SF
Lot 3.33 ac (145,055 SF)
Zoning code LI-2
APN 71 141 99 0031 000
UPID US43-0993125

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
  • Storage Facility
  • Apartment Building

Location

40027 Michigan Ave Canton, MI 48188-2912
Canton metro Census 565001 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$869k
Blend (final) Blend
$325k

Owner & transaction history

since 2016
1 recorded transaction
2016
$289,900

Zoning & alternative use

LI-2 · Canton, MI

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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