607 Rochester RdClawson, MI 48017
- Retail properties
- 5,956 SF
Property Details for 607 Rochester Rd
- Year built
- 1980
- Lot size
- 0.45 AC
- Property size (Sq ft)
- 5,956 SF
- Zone code
- II
- Property type
- Retail properties
- Property subtype
- Auto shops
- APN
- 16-20-34-403-023
- APU
- 162034403023
Description
This exceptional 6,000-square-foot retail space is ideally situated at 607 N Rochester Rd in Clawson, Michigan, within Oakland County. The property is a single-tenant building, offering complete flexibility for a wide range of retail businesses. Currently vacant, the entire 6,000 square feet is available for immediate lease. The building's location in Clawson provides excellent visibility and accessibility, making it an attractive option for businesses seeking a strong presence in a thriving community. The property's size allows for a variety of layouts and configurations to suit individual business needs. This presents a unique opportunity for a business to establish a significant footprint in a desirable location. The address is easily accessible from major roadways, ensuring convenient access for customers and employees alike. The property is classified as commercial retail and is ready for immediate occupancy. Detailed specifications and lease terms are available upon request. Serious inquiries only. This is a single-tenant building in Oakland County, Michigan, with a zip code of 48017. The property's geographic coordinates are latitude 42.5383267 and longitude -83.1351533.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,820,979
- 6.5%
- $1,680,904
- 7%
- $1,560,839
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,403,953
- Geo Method
- $1,403,953
-
Alternative Use
- Use
- Valuation
- Residential
- $1,417,905
- Hospitality
- $1,298,793
- Educational
- $1,080,581
- Medical
- $1,117,744
- Retail
- $1,680,904
Location Insight
- City
- Clawson
- County
- Oakland
- State
- Michigan
- Latitude
- 42.5383
- Longitude
- -83.1353
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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