27025 Plymouth RdRedford, MI 48239

Property Details for 27025 Plymouth Rd

Year built

1974

Construction

CONCRETE BLOCKS

Lot size

0.38 AC

Property size (Sq ft)

6,228 SF

Property type

Medical offices

Property subtype

Medical centers

APN

79 042 01 0786 000

APU

79042010786000

Description

This exceptional 1,950 square foot end-cap retail or office space is ideally situated at 27025 Plymouth Road in Redford, Michigan, within Wayne County. The property boasts prime visibility with building and pylon signage, ensuring maximum exposure to a substantial customer base. Its strategic location on the south side of Plymouth Road, just east of Inkster Road, places it within easy reach of major national retailers, maximizing convenience for both businesses and customers. The C-1, Local Business zoning allows for a wide range of commercial uses. This single-tenancy space is surrounded by densely populated residential neighborhoods, with over 100,000 people residing within a three-mile radius, providing a readily accessible market for your business. This presents a unique opportunity to establish a thriving enterprise in a high-traffic area with significant foot and vehicle traffic. The end-cap location offers excellent street visibility and accessibility, making it an attractive option for businesses seeking high brand recognition and customer convenience. This property is perfect for a variety of retail or office uses. Don't miss this chance to secure a prime location in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $1,066,158

  6.5%

  $984,146

  7%

  $913,850

• Comparable approach

  Method

  Valuation

  Relative Method

  $582,567

  Geo Method

  $582,567

• Alternative Use

  Use

  Valuation

  Residential

  $1,220,341

  Hospitality

  $1,117,826

  Educational

  $930,018

  Medical

  $962,003

  Retail

  $1,446,695

Location Insight

City

Redford

County

Wayne

State

Michigan

Latitude

42.3699

Longitude

-83.3097

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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