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

    22537 Hall Rd Macomb, MI 48042

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

    Professional office building with excellent Hall Road exposure and access.

    Property size:
    1,365 SF
    Lot size:
    2.22 Acres

    Property Features for 22537 Hall Rd

    General Information

    Size
    1,365 SF
    Lot size
    2.22 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

    Property Insight Report

    Overview

    Remodeled Office Building on Hall

    This professional office building offers 1,365 square feet of space for lease. The completely remodeled building features a 3-operatory dental suite. The property benefits from outstanding exposure on Hall Road, excellent signage, and easy access to I-94. It is suitable for office and medical use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Opal Dental Group Dental Office Caldwell Real Estate Real Estate Agency Angela Levitan Realtor ... Real Estate Agency Umair Waheed Dental Office Dr. Irum Waheed Dental Office

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Macomb
    County
    Macomb
    State
    Michigan
    Longitude
    -82.882616
    Latitude
    42.630093

    Nearby Similar for Lease

    • $900 /Mo
      225 SF

      Turn-Key Macomb Office Space

      Private office space available for lease in Macomb, Michigan.
      15300 21 Mile Rd, Macomb, MI 48044
      View Details
    • $2,000 /Mo
      5,100 SF

      Macomb Retail/Office Space Available

      Prime retail/office space in high-traffic Macomb Township plaza.
      23135 21 Mile Rd, Macomb, MI 48042
      View Details
    • $4,800 /Mo
      4,000 SF

      Functional Industrial Space Available

      Light industrial space with open layout and convenient access.
      51477 Industrial Dr, Macomb, MI 48042
      View Details
    • $2,000 /Mo

      Retail/Office Space in Macomb Township

      High-traffic location suitable for retail, office, medical, or personal care.
      23135 21 Mile Rd, Macomb, MI 48042
      View Details
    • $3,125 /Mo

      Macomb Township Office Space Available

      Office units available for rent in Macomb Township.
      17016 25 Mile Rd, Macomb, MI 48042
      View Details
    • $3,125 /Mo

      Macomb Township Commercial Space Available

      Commercial space for rent in Macomb Township, Michigan.
      16984 25 Mile Rd, Macomb, MI 48042
      View Details
    • $18 SF/Yr

      Macomb Township Office Space Available

      Office spaces available from 1,221 to 15,000 SF for rent.
      45200 Card Rd, Macomb, MI 48044
      View Details
    • $3,125 /Mo

      Macomb Township Commercial Space Available

      Commercial space for rent in Macomb Township, Michigan.
      17016 25 Mile Rd, Macomb, MI 48042
      View Details
    • $13 SF/Yr
      9,961 SF

      Macomb Warehouse Space Available

      9,961 SF warehouse space for lease in Macomb.
      17625 23 Mile Rd, Macomb, MI 48042
      View Details
    • Contact for pricing

      New Industrial Building in Macomb

      New construction industrial building with tax abatement potential, available 2023.
      17201 Leone Dr, Macomb, MI 48042
      View Details
    • Contact for pricing
      2,250 SF

      Renovated Medical Suite For Rent

      Recently renovated medical suite with ample parking in healthcare corridor.
      18200 23 Mile Rd, Macomb, MI 48044
      View Details

    FAQs

    What type of property is this?
    Office units - Professional office building with excellent Hall Road exposure and access.
    Where is this office units located?
    The property is located at 22537 Hall Rd Macomb, MI.
    What are key features of this property?
    This property features: - 3-Operatory Dental Suite Available; - Outstanding Hall Road Exposure; - Completely Remodeled Building
    (248) 637-7791 Call to check price and availability
    Request Owner's contact information
    22537 Hall Rd Macomb, MI 48042
    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.
    22537 Hall Rd
    Macomb, MI 48042
    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
    22537 Hall Rd Macomb, MI 48042
    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!