451 14th Mile Rd, Madison Heights, MI 48071-1310
This exceptional retail opportunity is located at 451 W 14 Mile Rd in Madison Heights, Michigan, within Oakland County. The property, formerly occupied by Jared Jewelers, offers a spacious 5,852 square feet of vacant space, perfect for a variety of retail uses. Built in 2003, the building sits on a sizable 1.28-acre lot, providing ample parking for customers and employees. Its prime location on a busy thoroughfare ensures high visibility and significant foot traffic, making it an ideal spot for businesses seeking maximum exposure. The property's strong curb appeal and well-appointed features contribute to its attractiveness and potential for success. This is a rare chance to secure a well-situated retail space in a high-demand area of Madison Heights, offering significant growth potential. The property's zip code is 48071. The building's size and location make it an excellent investment for businesses looking to establish a strong presence in a thriving community. The ample parking and high visibility are key advantages for attracting customers and maximizing business potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-3 GEN · Madison Heights, MIMadison Heights. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.