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Financial
Distress signals
Property profile

42400 Ford Rd Canton, MI 48187

FOR SALE
Strip malls
Property ID
US43-1097222
20,839 SF 1.72 ac lot Built 1973
Last sale Jul 2009
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class A retail storefront, located at 42400 Ford Rd in Canton, Michigan 48187, offers 2,800 square feet of immediately available space within the larger Canton Corners complex. The entire complex totals 19,460 square feet, providing ample opportunity for synergy and shared clientele. This property boasts a desirable location in Canton, MI, situated on a 1.72-acre lot. The building underwent renovations in 2010, ensuring modern amenities and a well-maintained structure. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$53k
Tax billed · 2023
Assessed value · 2024$1.16M
Effective rate4.60%

Value estimate

· Oct 2026
$2.26M
$2.03M – $2.48M
Submarket $/SF estimate$2.25M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$80/SF
County average, outlier-cleaned · 116 recorded sales of this use type
Observed band · Q1–Q3$48 – $108

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-3
00. - C-1, VILLAGE SHOPPING DISTRICT ARTICLE 15.00. - C-1, VILLAGE SHOPPING DISTRICT Expand ARTICLE 16.00. - C-2, COMMUNITY COMMERCIAL DI...
General categoryCOMMERCIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand index
Building Supply37.8
Law Firm37.4
Wholesale Shop33.1

Location

42400 Ford Rd Canton, MI 48187
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 15 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
7250 Sheldon, Canton, MI 48187-2150 $1,392,500 Feb 2021 28,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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