45570 Maben RdCanton, MI 48187

Property Details for 45570 Maben Rd

Year built

1976

Lot size

2.30 AC

Property size (Sq ft)

7,680 SF

Zone code

C-2

Property type

Office buildings

APN

71 036 01 0016 703

APU

71036010016703

Description

This exceptional free-standing retail building, located at 45570 Maben Road in Canton, Michigan, presents a significant opportunity for a single tenant. Boasting a substantial 7,680 square feet of space, the entire building is currently vacant and ready for immediate occupancy. The property sits on a generous 2.03-acre lot, providing ample space for parking and potential future expansion. The building's zoning is C-2 (Community Commercial), allowing for a wide range of retail uses. Situated in Wayne County, this location offers excellent visibility and accessibility, making it an ideal spot for businesses seeking high traffic exposure. The property's address is 45570 Maben Rd, Canton, MI 48187. With its significant size, prime location, and vacant status, this property represents a rare opportunity for a business to establish a strong presence in a thriving community. The entire 7,680 square feet is available for lease, offering flexibility for a variety of retail concepts. Interested parties are encouraged to inquire for further details and leasing information.

• CAP approach

  CAP return

  Valuation

  6%

  $1,314,723

  6.5%

  $1,213,591

  7%

  $1,126,906

• Comparable approach

  Method

  Valuation

  Relative Method

  $718,387

  Geo Method

  $718,387

• Alternative Use

  Use

  Valuation

  Residential

  $1,504,853

  Hospitality

  $1,378,437

  Educational

  $1,146,843

  Medical

  $1,186,285

  Retail

  $1,783,978

Location Insight

City

Canton

County

Wayne

State

Michigan

Latitude

42.3233

Longitude

-83.4897

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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