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    42400 Ford Rd Canton, MI 48187
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    Property profile & analytics

    42400 Ford Rd, Canton, MI 48187

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    • Strip malls
    • 20,839 SF
    • 1.72 lot acres
    Retail Space on Ford Road For Lease
    $2,255,000

    Retail Space on Ford Road

    Retail space available in a remodeled Canton shopping center.

    42400 Ford Rd, Canton, MI 48187
    View Listing
    Property ID
    US43-1097222
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Visionworks Canton Corners / Physician
    • Dr. Timothy Schrot / Physician
    • Carlos Montanez-Lopez / Physician

    Property Details for 42400 Ford Rd

    Year built
    1973
    Lot size
    1.72 lot acres
    Zone code
    C-3
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    71 043 99 0010 003
    APU
    71043990010003

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 15, 2017 — Canton Corners Co LLC — Deed · related $4M · Ubs Ag
    Mar 21, 2013 — Canton Corners Co LLC — Deed Of Trust · related $5M · Privatebank & Tr
    Jul 1, 2009 — Canton Corners Co LLC Lake States Investment Co LLC Warranty Deed —
    — — Canton Corners Co LLC — Loan Modification · related $8M · Privatebank & Tr
    — — Canton Corners Co LLC — Loan Modification · related $5M · Private Bk
    — — Canton Corners Co LLC — Deed Of Trust · related $4M · Ubs Ag
    — — Canton Corners Co LLC — Deed Of Trust · related $3.8M · Level One Bank

    Description

    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 space is ideal for a variety of retail uses and benefits from high visibility and convenient access. The multiple tenancy structure of Canton Corners creates a vibrant and thriving retail environment. This is a fantastic opportunity for businesses seeking a high-quality, well-located storefront in a bustling commercial area. The property's Class A designation reflects its superior construction, design, and amenities. With ample parking and excellent visibility from Ford Road, this space is poised for success. Serious inquiries are encouraged to explore this exceptional leasing opportunity. The available space is 2,800 square feet, part of a larger 19,460 square foot building. The property is conveniently located and offers a strong potential for growth.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,254,000
      Market price range: $1.00M - $2.25M
      AI Estimate
      $2,254,000
      Market price range: $1.00M - $2.25M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,660,000
      Current use
      COMMERCIAL (GENERAL)
      $3,485,000
      Change: +110% Conversion: Easy
      OFFICE BUILDING
      $2,775,000
      Change: +67% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $2,290,000
      Change: +38% Conversion: Difficult
      RETAIL STORES
      $2,235,000
      Change: +35% Conversion: Easy
      MEDICAL BUILDING
      $2,025,000
      Change: +22% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Wayne
    State
    Michigan
    Longitude
    -83.4594
    Latitude
    42.3231
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $53,188
    $0.00
    $0.00
    $1,156,500
    -
    $0.00
    $0.00
    $2,313,000
    View Listing
    More about this property
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