27320 Ann Arbor TrlDearborn Heights, MI 48127
- Retail space
- 7,031 SF
Property Details for 27320 Ann Arbor Trl
- Year built
- 1998
- Lot size
- 1.11 AC
- Property size (Sq ft)
- 7,031 SF
- Zone code
- C-1
- Property type
- Retail space
- APN
- 33 008 99 0023 000
- APU
- 33008990023000
Description
This exceptional 7,000-square-foot retail space is ideally situated at 27320 Ann Arbor Trail in Dearborn Heights, Michigan, within Wayne County. The property boasts a highly visible location at the northeast corner of Ann Arbor Trail and Inkster Road, ensuring maximum exposure to potential customers. Currently, the entire 7,000 square feet is vacant, presenting a unique opportunity for a single tenant to establish a prominent presence in a busy commercial area. The property is classified as a single-tenant retail building, offering complete control and flexibility for the occupant. The building's size provides ample space for a variety of retail businesses, allowing for expansive layouts and efficient operations. The address is 27320 Ann Arbor Trail, Dearborn Heights, MI 48127. Its prime location offers excellent accessibility and visibility, making it an attractive proposition for businesses seeking high foot traffic and strong brand recognition. This property presents a rare chance to secure a substantial retail space in a desirable location with significant potential for growth and success. The property is categorized as commercial real estate and is available for immediate occupancy. The geographic coordinates are latitude 42.3517939 and longitude -83.3120027.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,769,325
- 6.5%
- $1,633,223
- 7%
- $1,516,564
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,657,353
- Geo Method
- $1,657,353
-
Alternative Use
- Use
- Valuation
- Residential
- $1,377,685
- Hospitality
- $1,261,952
- Educational
- $1,049,929
- Medical
- $1,086,038
- Retail
- $1,633,223
Location Insight
- City
- Dearborn Heights
- County
- Wayne
- State
- Michigan
- Latitude
- 42.3515
- Longitude
- -83.3121
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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