35410 Jefferson AveHarrison Township, MI 48045

Property Details for 35410 Jefferson Ave

Year built

1986

Lot size

1.86 AC

Property size (Sq ft)

15,004 SF

Zone code

STRIP CENTER

Property type

Commercial real estate

APN

17-11-36-230-032

APU

171136230032

Description

Lakepointe Square, located at 35410 Jefferson Ave in Harrison Township, Michigan, presents a unique opportunity for businesses seeking office space in Macomb County. This 13,100 square foot building offers a blend of traditional and creative office spaces within a vibrant retail environment. Currently, 1,200 square feet of office space is immediately available for lease, representing the last remaining space in this highly sought-after location. The property boasts excellent visibility on Jefferson Avenue, ensuring high traffic and brand exposure. Its strategic location provides easy access to Interstate 94, less than half a mile away, enhancing convenience for employees and clients. Lakepointe Square is a thriving commercial center, already home to established businesses such as Hungry Howies, Lake Breeze Restaurant, and Harrison Nutrition, creating a strong and diverse tenant mix. The property is classified as both retail and office, offering a versatile space suitable for a variety of businesses. The building's total square footage is 13,100 square feet, with the available space comprising 1,200 square feet. This presents an ideal opportunity for a business seeking a well-located, established space within a thriving community. The property is situated in the 48045 zip code.

• CAP approach

  CAP return

  Valuation

  6%

  $3,536,690

  6.5%

  $3,264,640

  7%

  $3,031,450

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,403,470

  Geo Method

  $1,403,470

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $6,153,720

  Retail / Commercial

  $3,209,160

  Mixed-Use / Specialty

  $3,239,930

  Hospitality / Lodging

  $2,431,980

  Office

  $3,264,640

  Institutional / Educational

  $3,383,300

  Residential Income

  $3,958,460

  Multifamily

  $4,513,570

  Automotive / Energy

  $2,899,970

  Parking / Income-Based Land

  $959,045

  Restaurant / Food Service

  $1,775,190

  Healthcare / Senior Housing

  $3,279,200

Location Insight

City

Harrison Township

County

Macomb

State

Michigan

Latitude

42.5547

Longitude

-82.853

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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