Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    15501 Metro Pkwy, Unit 107 Clinton Township, MI

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Well-maintained office building with prominent corner location and signage.

    Property size:
    2,195 SF
    Lot size:
    2.19 Acres

    Property Features for 15501 Metro Pkwy

    General Information

    Size
    2,195 SF
    Lot size
    2.19 Acres

    We can help!

    Listing Contact
    Al Iafrate, Sior
    Source: Moodyscre

    Listing Agency: L. Mason Capitani, Inc. Listing Agent: Al Iafrate, Sior

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Professional Office Space Available

    This well-maintained professional office building features a prominent corner location, offering excellent signage and visibility. A small, windowed general office suite is currently available within the building. The property offers office space suitable for professional use. The available suite measures 1167 square feet.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clinton Township
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9178838
    Latitude
    42.5573163

    Nearby Similar for Lease

    • $1,400 /Mo
      1,400 SF

      Retail Space in Clinton Township

      Retail space for rent in high-traffic Clinton Township location.
      37239 S Groesbeck Hwy, Clinton Township, MI 48036
      View Details
    • $1,435 /Mo
      14,000 SF

      Renovated Commercial Unit For Lease

      Corner 1,435 SF unit in renovated Clinton Township strip center.
      37245 S Groesbeck Hwy, Clinton Township, MI 48036
      View Details
    • $1,100 /Mo
      800 SF

      High-Traffic Retail/Office Space Available

      800 SF space in high-traffic Clinton Township location.
      44623 N Gratiot Ave, Clinton Township, MI 48036
      View Details
    • $550 /Mo
      180 SF

      Clinton Township Office Space Available

      Well-maintained office building with multiple private entrances in Clinton Township.
      35807 Moravian Rd, Clinton Township, MI 48035
      View Details
    • $16 SF/Yr
      1,600 SF

      Remodeled Office Space For Lease

      Office suite available for lease in Clinton Township, Michigan.
      37244 S Groesbeck Ct, Clinton Township, MI 48036
      View Details
    • $1,500 /Mo
      1,152 SF

      Clinton Township Office For Rent

      Standalone office building in Clinton Township, Michigan, with great exposure.
      18601 15 Mile Rd, Clinton Township, MI 48035
      View Details
    • $3,750 /Mo

      Retail and Office Space Available

      Multi-use commercial building with retail and office space for lease.
      35850 Utica Rd, Clinton Township, MI 48035
      View Details
    • $5,200 /Mo

      Retail Space in Well-Maintained Plaza

      End-cap retail space in professionally managed Clinton Township plaza.
      41660 Garfield Rd, Clinton Township, MI 48038
      View Details
    • $1,750 /Mo
      2,000 SF

      Retail Space on Groesbeck Highway

      2,000 SF retail unit with frontage and signage.
      35512 Groesbeck Hwy, Clinton Township, MI 48035
      View Details
    • $1,100 /Mo

      Retail Space Available For Rent

      Retail spaces available in well-maintained plaza, landlord willing to white box.
      40760 Garfield Rd, Clinton Township, MI 48038
      View Details
    • $1,793 /Mo

      Office Space with Open Layout

      Office space featuring open work area, kitchen, and bathrooms.
      42855 Garfield Rd, Clinton Township, MI 48038
      View Details
    • $3,633 /Mo

      Freestanding Office Building For Rent

      Freestanding office building with flexible layout and signage available.
      16955 18 Mile Rd, Clinton Township, MI 48038
      View Details

    FAQs

    What type of property is this?
    Office units - Well-maintained office building with prominent corner location and signage.
    Where is this office units located?
    The property is located at 15501 Metro Pkwy, Unit 107 Clinton Township, MI.
    What are key features of this property?
    This property features: - Prominent corner location.; - Excellent signage & visibility.; - Well-maintained professional office building.
    (248) 637-7791 Call to check price and availability
    Request Owner's contact information
    15501 Metro Pkwy, Unit 107 Clinton Township, MI
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    15501 Metro Pkwy, Unit 107
    Clinton Township, MI
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15501 Metro Pkwy, Unit 107 Clinton Township, MI
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Al Iafrate, Sior
    (248) 637-7791 (248) 637-9700
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!