23271 Eureka RdTaylor, MI 48180

Property Details for 23271 Eureka Rd

Year built

2016

Lot size

2.46 AC

Property size (Sq ft)

27,667 SF

Zone code

B-2

Property type

Outlet malls

APN

60 089 01 0592 322

APU

60089010592322

Description

This exceptional retail opportunity presents a newly constructed 12,154 square foot space located within the thriving Taylor Shopping Center in Wayne County, Michigan. Situated at 23271 Eureka Road, zip code 48180, this property offers unparalleled visibility and accessibility, boasting a prime location directly across from the Southland Mall. The center enjoys strong anchor tenants including PetSmart, Dick's Sporting Goods, and Party City, ensuring high foot traffic and a robust customer base. The entire 12,154 square feet is currently vacant and available for lease, offering flexibility for a single large tenant or the possibility of dividing the space into smaller units, with a minimum divisible space of 5,000 square feet. This presents a unique chance to establish a prominent retail presence in a high-demand area. The property is classified as a multi-tenant shopping center and is ideal for a variety of retail uses. Its strategic location and strong anchor tenants make this an exceptional investment opportunity. The property's latitude and longitude coordinates are 42.1965106 and -83.258713 respectively. Contact us today to learn more about this exciting opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $6,962,298

  6.5%

  $6,426,736

  7%

  $5,967,684

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,521,688

  Geo Method

  $6,521,688

• Alternative Use

  Use

  Valuation

  Residential

  $5,421,192

  Hospitality

  $4,965,783

  Educational

  $4,131,473

  Medical

  $4,273,561

  Retail

  $6,426,736

Location Insight

City

Taylor

County

Wayne

State

Michigan

Latitude

42.1968

Longitude

-83.2574

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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