6820 Monroe BlvdTaylor, MI 48180
- Manufacturing properties
- 6,180 SF
For Sale
$3,000,000
View listing
Property Details for 6820 Monroe Blvd
- Year built
- 1947
- Lot size
- 0.30 AC
- Property size (Sq ft)
- 6,180 SF
- Zone code
- I-1
- Property type
- Manufacturing properties
- APN
- 60 008 99 0021 700
- APU
- 60008990021700
Description
This exceptional 6,070 square foot retail building, located at 6820 Monroe Boulevard in Taylor, Michigan (48180), presents a unique investment opportunity. Built in 1947, this single-story structure sits on a parcel with APN 60-008-99-0021-700 and is zoned for retail dispensary use. The asking price is $3,000,000, translating to $494.23 per square foot. The property boasts ample parking and is strategically positioned as one of the few non-industrial park locations near the retail-centric Ecorse Road. The City of Taylor is anticipated to adopt a recreational cannabis ordinance in Spring 2023, making this a prime location for cannabis-related businesses. This is a cash sale only
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,210,936
- Hospitality
- $1,109,211
- Educational
- $922,850
- Medical
- $954,589
- Retail
- $1,435,545
Location Insight
- City
- Taylor
- County
- Wayne
- State
- Michigan
- Latitude
- 42.2589
- Longitude
- -83.2507
- 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
$4,758
-
-
$79,200
-
-
-
$158,400
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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