20851 Hall RdMacomb, MI 48044

  • Specialty properties
  • 4,180 SF
For Lease

Property Details for 20851 Hall Rd

Year built
2008
Lot size
1.07 AC
Property size (Sq ft)
4,180 SF
Zone code
C2
Property type
Specialty properties
Property subtype
Other government properties
APN
20-08-34-300-031
APU
200834300031

Description

This exceptional 4,200 square foot retail space, formerly a Chase Bank branch, presents a unique investment opportunity in Macomb County, Michigan. Located at 20851 Hall Rd, Macomb, MI 48044, this single-tenant property sits on a 1.07-acre lot and benefits from its prime location within the bustling Hall Road retail corridor. The building boasts excellent visibility and accessibility, with over 90,000 vehicles passing daily. Its strategic outlot position offers exceptional exposure, situated conveniently near Home Depot and Target. The property includes ample parking with 45 spaces, enhancing customer convenience. Further enhancing its appeal are three drive-thru lanes and a prominent monument sign, providing significant branding opportunities for the future tenant. The entire 4,200 square feet is currently vacant, offering a blank canvas for a variety of retail uses. This property is ideal for businesses seeking high visibility and significant foot traffic in a thriving retail environment. The location's strong demographics and high traffic volume make this a compelling opportunity for a discerning investor or business owner. The property is situated in Macomb County and offers a rare chance to establish a presence in this dynamic retail market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $995,105
    Hospitality
    $911,510
    Educational
    $758,366
    Medical
    $784,447
    Retail
    $1,179,680
20851 Hall Rd, Macomb, Michigan

Location Insight

City
Macomb
County
Macomb
State
Michigan
Latitude
42.6294
Longitude
-82.9128
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
$23,051
-
-
$515,700
-
-
-
$1,031,400

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