607 Rochester RdClawson, MI 48017

  • Retail properties
  • 5,956 SF
For Lease
$13/SF/YR View listing

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
607 Rochester Rd, Clawson, Michigan

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

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
$15,607
-
-
$245,740
-
-
-
$491,480

FAQs

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