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    20481 Mack Ave Grosse Pointe Woods, MI

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    For Lease
    Contact for pricing

    Highly visible retail building with parking in Grosse Pointe Woods.

    Property size:
    2,750 SF
    Lot size:
    0.13 Acres

    Property Features for 20481 Mack Ave

    General Information

    Size
    2,750 SF
    Lot size
    0.13 Acres

    Source: Landmark Commercial Real Estate Services Agent Anthony Vitale

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

    Overview

    Freestanding Building in Grosse Pointe

    This highly visible freestanding building is located in the heart of Grosse Pointe Woods, Michigan. The property features a customer entrance on Mack Avenue with metered parking. A second customer entrance is located in the rear, which includes a 40-foot by 60-foot parking area with an 8-inch reinforced concrete surface, accommodating approximately 6 to 8 cars. The property has not been available on the market for many years and contains 2,750 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Grosse Pointe Woods
    County
    Wayne
    State
    Michigan
    Longitude
    -82.9313323
    Latitude
    42.3797816

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    FAQs

    What type of property is this?
    Retail space - Highly visible retail building with parking in Grosse Pointe Woods.
    Where is this retail space located?
    The property is located at 20481 Mack Ave Grosse Pointe Woods, MI.
    What are key features of this property?
    This property features: - Highly visible freestanding building in Grosse Pointe Woods.; - Mack Ave frontage with customer entrance.; - Rear customer entrance with 40' by 60' parking for 6-8 cars.
    (248) 488-2620
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    Grosse Pointe Woods, MI
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    Realmo Value Estimation

    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.

    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.

    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
    20481 Mack Ave Grosse Pointe Woods, MI
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