30728 John R RdMadison Heights, MI 48071

  • Specialty properties
  • 2,592 SF
For Sale
$875,000 View listing

Property Details for 30728 John R Rd

Lot size
1.05 AC
Property size (Sq ft)
2,592 SF
Zone code
B-1 LOC
Property type
Specialty properties
APN
44-25-12-101-057
APU
442512101057

Description

This exceptional 5,100 square foot mixed-use property, located at 30728 John R Rd in Madison Heights, Michigan, presents a unique investment opportunity. The building, situated on a one-acre lot, features two stories and boasts a blend of creative and traditional office space, perfect for owner-occupancy. Originally constructed as a church, it was renovated in 2010 and is currently vacant, offering a blank canvas for a variety of uses. The property's B1 zoning allows for diverse commercial applications, including but not limited to medical offices, childcare facilities, schools, or continued use as a community center. Recent upgrades include fresh paint and newer furnaces. The asking price is $875,000, translating to $171.57 per square foot. The net rentable area is 5,100 square feet. This property is privately owned and offers a compelling chance to acquire a well-located, versatile commercial space in a thriving Oakland County market. The building's history and unique character provide a distinct advantage for creative entrepreneurs and established businesses alike. This is a rare opportunity to acquire a substantial property in a desirable location with significant potential for future growth and return on investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $617,060
    Hospitality
    $565,224
    Educational
    $470,259
    Medical
    $486,432
    Retail
    $731,515
30728 John R Rd, Madison Heights, Michigan

Location Insight

City
Madison Heights
County
Oakland
State
Michigan
Latitude
42.518
Longitude
-83.1057
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
2023
-
-
-
$292,670
-
-
-
$585,340

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