29051 Dequindre RdMadison Heights, MI 48071

Property Details for 29051 Dequindre Rd

Year built

1960

Lot size

3.63 AC

Property size (Sq ft)

45,762 SF

Zone code

B-2 PLA

Property type

Retail properties

Property subtype

Super regional malls

APN

44-25-12-478-195

APU

442512478195

Description

Madison Manor, located at 29051 Dequindre Rd in Madison Heights, Michigan, 48071, offers exceptional retail space opportunities. This shopping center presents three available units ranging in size from 500 square feet to a substantial 8,200 square feet, catering to a variety of business needs. One particularly attractive space is a 1,000 square foot office, ideal for administrative functions or a corporate presence within the center. Another noteworthy option is a 500 square foot retail/flex space, featuring a convenient roll-up door for easy loading and unloading, and boasting impressive 15-foot clear ceiling height. This space is perfect for businesses requiring ample storage or specialized equipment. The property's prime location in Madison Heights ensures high visibility and accessibility for customers. The diverse range of space sizes available makes Madison Manor an attractive prospect for both established businesses seeking expansion and new ventures looking for a well-situated retail location. This is a fantastic opportunity to secure a space in a thriving commercial area. Contact us today to learn more about leasing options and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $13,991,207

  6.5%

  $12,914,960

  7%

  $11,992,463

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,787,055

  Geo Method

  $10,787,055

• Alternative Use

  Use

  Valuation

  Residential

  $10,894,252

  Hospitality

  $9,979,076

  Educational

  $8,302,474

  Medical

  $8,588,009

  Retail

  $12,914,960

Location Insight

City

Madison Heights

County

Oakland

State

Michigan

Latitude

42.5064

Longitude

-83.0865

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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