39415 Michigan AveCanton, MI 48188

  • Commercial land
  • 1,482 SF
For Sale

Property Details for 39415 Michigan Ave

Year built
1954
Lot size
1.67 AC
Property size (Sq ft)
1,482 SF
Zone code
C-3
Property type
Commercial land
APN
71 141 99 0006 001
APU
71141990006001

Description

This exceptional 6.87-acre commercial land parcel presents a significant development opportunity in Canton, Michigan. Strategically located at the southwest corner of Michigan Avenue and Hannan Road, this property enjoys high visibility and convenient access to I-275. The site is zoned C-3, a Regional Commercial District encompassing C1, C2, and O1 zoning classifications, offering flexibility for a variety of commercial uses. There's potential for rezoning to Light Industrial (LI) if desired. The property consists of seven parcels totaling 6.34 acres, with annual property taxes under $10,000 combined. Utilities are readily accessible, with water available on the west side of Hannan Road and sewer on the south side of Michigan Avenue. This prime location is proximate to major employers including the Ford Wayne Assembly Plant, various delivery services, and other established businesses. The seller is open to various transaction structures, including sale, lease, build-to-suit, joint ventures, land contracts, and land leases. This is an unparalleled chance to acquire a substantial commercial land holding in a thriving area of Canton Township. The property's size, zoning, and location make it ideal for a wide range of commercial developments. Detailed site plans and further information are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $290,390
    Hospitality
    $265,995
    Educational
    $221,305
    Medical
    $228,916
    Retail
    $344,252
39415 Michigan Ave, Canton, Michigan

Location Insight

City
Canton
County
Wayne
State
Michigan
Latitude
42.2784
Longitude
-83.4276
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
$2,967
-
-
$169,900
-
-
-
$339,800

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