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    OFF-MARKET
    Retail space

    451 14th Mile Rd, Madison Heights, MI 48071-1310

    5,852 SF 1.28 ac lot Built 2003
    Entity Owned 6-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-5209446
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2003
    Total area 5,852 SF
    Lot 1.28 ac (55,757 SF)
    Zoning code B-3 GEN
    APN 44-25-02-226-001
    UPID US43-5209446
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Triple Tree Unique Ent LLC · 6 yrs held
    Triple Tree Unique Ent LLC
    since 2020
    Last sale
    $3.4M
    4 recorded transactions
    2020
    $3.4M
    2004
    $4.4M
    2003
    $1.2M
    1999
    Zoning & alternative use
    B-3 GEN · Madison Heights, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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