5773 Canton Center RdCanton, MI 48187

Property Details for 5773 Canton Center Rd

Year built

1993

Lot size

0.53 AC

Property size (Sq ft)

3,564 SF

Zone code

C-2

Property type

Office buildings

APN

71 036 99 0006 715

APU

71036990006715

Description

This exceptional 700-square-foot industrial space is ideally situated at 5773 N Canton Center Road in Canton, Michigan. Located on a half-acre lot (0.53 acres), this property offers a fantastic opportunity for businesses seeking a convenient and accessible location. The property is a gross lease, meaning all utilities are included in the monthly rent of $1275. This significantly reduces operational costs and simplifies budgeting. Its prime location just off Ford Road ensures high visibility and easy access for employees, clients, and deliveries. Ample on-site parking is available for convenient loading and unloading, and the property benefits from prominent main road signage, enhancing its visibility and brand recognition. This is a rare opportunity to secure a well-located, cost-effective industrial space in the heart of Canton Township. The property's size and amenities make it suitable for a variety of businesses seeking a functional and accessible workspace. The all-inclusive lease structure minimizes administrative burdens and allows businesses to focus on their core operations. Don't miss this chance to establish your business in a thriving commercial area with excellent accessibility and visibility. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $610,114

  6.5%

  $563,182

  7%

  $522,955

• Comparable approach

  Method

  Valuation

  Relative Method

  $333,377

  Geo Method

  $333,377

• Alternative Use

  Use

  Valuation

  Residential

  $698,346

  Hospitality

  $639,681

  Educational

  $532,207

  Medical

  $550,510

  Retail

  $827,878

Location Insight

City

Canton

County

Wayne

State

Michigan

Latitude

42.3238

Longitude

-83.4887

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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