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    Property profile & analytics
    OFF-MARKET
    Industrial land

    47351 Michigan Ave, Canton, MI 48188-2310

    1,728 SF 8.67 ac lot Built 1940
    Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-0587733
    Property summary
    AI-generated overview

    This exceptional 13,000 square foot medical office building, situated on a 2.54-acre lot at 47351 Michigan Avenue in Canton, Michigan (48188), presents a unique investment opportunity. The property boasts a flexible layout, allowing for single or multiple tenant occupancy, with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 13,000 square feet. Currently configured as a single suite, this one-story building is ideally suited for a variety of medical practices or related businesses. Its convenient location on Michigan Avenue, with cross access from South Beck Road, ensures high visibility and accessibility for patients and staff. The GI zoning designation offers flexibility for potential future development or expansion. The property's ample land area provides ample parking and potential for outdoor amenities. The parcel number is 26163564503. This is a rare opportunity to acquire a well-located, versatile medical office building in a thriving Canton community. The property's size and configuration make it suitable for a single large tenant or multiple smaller tenants, offering significant potential for rental income and long-term growth. Don't miss this chance to secure a prime medical office space in a high-demand area.

    Property profile
    Verified
    Property type Industrial land
    Use group INDUSTRIAL - VACANT LAND
    Year built 1940
    Total area 1,728 SF
    Lot 8.67 ac (377,665 SF)
    Zoning code G-1
    APN 71 131 99 0008 002
    UPID US43-0587733
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    5m Canton LLC · 2 yrs held
    5m Canton LLC
    since 2023
    Last sale
    $650,000
    2 recorded transactions
    2023
    $650,000
    2019
    $701,914
    Zoning & alternative use
    G-1 · Canton, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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