27741 Dequindre RdMadison Heights, MI 48071

Property Details for 27741 Dequindre Rd

Year built

1995

Lot size

0.45 AC

Property size (Sq ft)

5,040 SF

Zone code

B-2 PLA

Property type

Retail properties

Property subtype

Super regional malls

APN

44-25-13-426-007

APU

442513426007

Description

This exceptional retail opportunity presents a 1,250 square foot space within a larger 5,040 square foot strip center located at 27741-27757 Dequindre Road in Madison Heights, Michigan. The property boasts a convenient single-tenant occupancy, ideal for a variety of retail businesses. Situated on a 0.454-acre lot, the building offers excellent visibility and accessibility. Constructed in 1995, this Class C building is a single-story structure with ample parking, providing approximately 3.5 spaces per 1,000 square feet. The zoning is B2 - Planned Business, allowing for a range of commercial uses. The property's address is 27741 Dequindre Road, Madison Heights, MI 48071, within Oakland County. The parcel number is 25-13-426-007. This is a fantastic chance to establish or expand your business in a thriving commercial area. The available space offers significant potential for a variety of retail concepts. With its convenient location and ample parking, this property is sure to attract a substantial customer base. Don't miss this opportunity to secure a prime retail location in a high-traffic area. Contact us today to schedule a showing.

• CAP approach

  CAP return

  Valuation

  6%

  $1,540,922

  6.5%

  $1,422,390

  7%

  $1,320,790

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,188,033

  Geo Method

  $1,188,033

• Alternative Use

  Use

  Valuation

  Residential

  $1,199,839

  Hospitality

  $1,099,046

  Educational

  $914,393

  Medical

  $945,841

  Retail

  $1,422,390

Location Insight

City

Madison Heights

County

Oakland

State

Michigan

Latitude

42.4972

Longitude

-83.0859

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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