30801 Schoenherr RdWarren, MI 48088

Property Details for 30801 Schoenherr Rd

Year built

2012

Lot size

1.43 AC

Property size (Sq ft)

4,099 SF

Zone code

C-1

Property type

Commercial real estate

APN

12-13-11-229-047

APU

121311229047

Description

This exceptional 1,251 square foot retail space, currently configured as a pharmacy, presents a unique leasing opportunity. Its prime location ensures high visibility and significant foot traffic, making it an ideal setting for a thriving business. The property's key feature is its convenient drive-thru, a significant advantage for customer convenience and operational efficiency. This single-tenant space is ready for immediate occupancy, offering a blank canvas for a pharmacy seeking expansion or a new venture looking for a well-established location. The existing layout is well-suited for pharmacy operations, but the space is adaptable to suit the specific needs of a new tenant. The high-traffic area guarantees a steady stream of potential customers, maximizing the potential for success. This is a rare opportunity to secure a retail space with a drive-thru in a desirable location, offering a strong foundation for a profitable business. The property's excellent visibility and convenient access points contribute to its overall appeal. Serious inquiries are encouraged to explore this exceptional retail space and its potential. The property is available for lease and offers a chance to establish or expand a successful pharmacy business in a high-demand area.

• CAP approach

  CAP return

  Valuation

  6%

  $966,203

  6.5%

  $891,880

  7%

  $828,174

• Comparable approach

  Method

  Valuation

  Relative Method

  $383,420

  Geo Method

  $383,420

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,681,160

  Retail / Commercial

  $876,722

  Mixed-Use / Specialty

  $885,128

  Hospitality / Lodging

  $664,403

  Office

  $891,880

  Institutional / Educational

  $924,297

  Residential Income

  $1,081,430

  Multifamily

  $1,233,080

  Automotive / Energy

  $792,255

  Parking / Income-Based Land

  $262,005

  Restaurant / Food Service

  $484,971

  Healthcare / Senior Housing

  $895,857

Location Insight

City

Warren

County

Macomb

State

Michigan

Latitude

42.5201

Longitude

-82.9889

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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