43050 Ford RdCanton, MI 48187

For Lease
$18/SF/YR View listing
  • Office buildings
  • 16,200 SF

Property Details for 43050 Ford Rd

Year built
1988
Lot size
1.82 AC
Property size (Sq ft)
16,200 SF
Zone code
O-1
Property type
Office buildings
APN
71 043 99 0006 001
APU
71043990006001

Description

This exceptional 1,542 square foot executive office suite is situated within a larger 16,200 square foot building located at 43050 Ford Road in Canton, Michigan. The single-story building, constructed in 1988, sits on a 1.82-acre lot and boasts ample parking with 80 spaces. The property is zoned O-1 and features a prime location on one of Michigan's busiest thoroughfares, offering excellent visibility and accessibility. The suite is part of a multi-tenant building, providing a professional and established environment. The property's well-maintained condition makes it ideal for a variety of office uses, including medical practices or general office purposes. The address is 43050 Ford Road, Canton, MI 48187, within Wayne County. The property's parcel number (APN) is 71-043-99-0006-001. This presents a rare opportunity to establish your business in a high-traffic area with convenient access and ample parking. The available space totals 1,542 square feet.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,773,245
    6.5%
    $2,559,918
    7%
    $2,377,067
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,515,348
    Geo Method
    $1,515,348
  • Alternative Use

    Use
    Valuation
    Residential
    $3,174,298
    Hospitality
    $2,907,640
    Educational
    $2,419,122
    Medical
    $2,502,320
    Retail
    $3,763,080
43050 Ford Rd, Canton, Michigan

Location Insight

City
Canton
County
Wayne
State
Michigan
Latitude
42.3235
Longitude
-83.4618
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
$63,411
-
-
$1,116,700
-
-
-
$2,233,400

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