23885 Denton StClinton Township, MI 48036

  • Office buildings
  • 12,894 SF
For Lease
$9/SF/YR View listing

Property Details for 23885 Denton St

Year built
1989
Lot size
1.48 AC
Property size (Sq ft)
12,894 SF
Zone code
B-1
Property type
Office buildings
APN
16-11-23-476-012
APU
161123476012

Description

This exceptional Class A office suite, located at 23885 Denton St, Clinton Township, MI 48036, offers 4,000 square feet of immediately available space within a 16,000 square foot building. The single-story building, renovated in 2010, boasts a 16-foot ceiling height and ample parking (65 spaces). The property features a common reception desk, kitchen, and dining area, providing a professional and convenient work environment. Located near Metropolitan Parkway and Harper Ave, this location offers easy access to I-94 (2 minutes away), a low-traffic area, and a nearby bike trail to St. Clair Metro Park. Enjoy the views of surrounding greenery and landscaping. The property is zoned C2 and has a building FAR of 25. Utilities, high-speed internet, and WIFI with tech support are included. The space is highly adaptable to suit various business needs, ranging from 100 to 4000 square feet, with five available spaces. Numerous restaurants are within walking distance, and the location offers excellent retail exposure. A first month free rent incentive is available, and long-term lease negotiations are welcome. Property taxes are $1 per square foot. The building's APN is 16-009283382. This is an ideal location for professional or technology-based businesses, with a proven track record of successful business launches.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,681,764
    6.5%
    $2,475,474
    7%
    $2,298,655
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,206,105
    Geo Method
    $1,206,105
  • Alternative Use

    Use
    Valuation
    Residential
    $3,069,588
    Hospitality
    $2,811,726
    Educational
    $2,339,323
    Medical
    $2,419,776
    Retail
    $3,638,947

Location Insight

City
Clinton Township
County
Macomb
State
Michigan
Latitude
42.572
Longitude
-82.8728
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
2022
$16,157
-
-
$314,000
-
-
-
$628,000

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