23000 Eureka RdTaylor, MI 48180

Property Details for 23000 Eureka Rd

Year built

1969

Lot size

2.82 AC

Property size (Sq ft)

237,058 SF

Zone code

B-2

Property type

Retail properties

APN

60 072 99 0022 006

APU

60072990022006

Description

This exceptional 6,060-square-foot retail space, formerly a Primanti Bros. restaurant, is available for lease in Taylor, Michigan. Located at 23000 Eureka Road, this single-tenant property offers significant potential for a variety of restaurant or retail businesses. The entire building is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. Situated in Wayne County, this property benefits from high visibility and accessibility due to its location on Eureka Road. The building's substantial square footage allows for ample space for dining, kitchen operations, storage, and customer amenities. The property's previous use as a successful restaurant suggests strong potential for similar ventures. This is a rare opportunity to acquire a well-located, sizable retail space in a thriving area. The property is ready for immediate occupancy, eliminating the need for extensive renovations or build-out. Interested parties are encouraged to inquire for further details and leasing information. The property's address is 23000 Eureka Road, Taylor, MI 48180. The geographic coordinates are latitude 42.2009346 and longitude -83.2547275. This property presents a unique opportunity for a business seeking a prominent location in a busy commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $59,654,760

  6.5%

  $55,065,936

  7%

  $51,132,652

• Comparable approach

  Method

  Valuation

  Relative Method

  $55,879,500

  Geo Method

  $55,879,500

• Alternative Use

  Use

  Valuation

  Residential

  $46,450,176

  Hospitality

  $42,548,112

  Educational

  $35,399,528

  Medical

  $36,616,972

  Retail

  $55,065,936

Location Insight

City

Taylor

County

Wayne

State

Michigan

Latitude

42.2007

Longitude

-83.2548

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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