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    16247 Hamilton Ave Highland Park, MI 48203

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    For Sale
    Contact for pricing

    Stand-alone building suitable for retail, office, or daycare.

    Property size:
    3,772 SF
    Lot size:
    0.16 Acres

    Property Features for 16247 Hamilton Ave

    General Information

    Size
    3,772 SF
    Lot size
    0.16 Acres

    Source: PA Commercial Agent Kevin Bull

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

    Overview

    Stand-Alone Building with Potential

    This stand-alone building, encompassing 3,772 square feet, offers significant potential for various uses, including retail, office concepts, and day care centers. The landlord intends to deliver the property in a white box state. A parking conversion is available behind the building. The corner property benefits from high visibility and convenient street parking in front. It is situated south of Palmer Park and west of Woodward Avenue. The property can be sold or leased together with the adjacent 2,040 square foot building at 16253 Hamilton Ave. The location provides convenient access to M-10/The Lodge Freeway, Davison Freeway, and I-75, placing it minutes from downtown Detroit. Its central location is just west of Woodward Avenue and south of McNichols Road. Other possible uses include a restaurant, workshop, showroom, kennel, trade school, studio, and community center.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Highland Park
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1128071
    Latitude
    42.4115698

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    FAQs

    What type of property is this?
    Retail space - Stand-alone building suitable for retail, office, or daycare.
    Where is this retail space located?
    The property is located at 16247 Hamilton Ave Highland Park, MI.
    What are key features of this property?
    This property features: - Great central location with immediate access to M-10/The Lodge Freeway and Davison Freeway, close to I-75, and minutes from downtown Detroit.; - Corner property with great visibility.; - Landlord shall deliver white box state.
    (258) 358-5361
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    16247 Hamilton Ave Highland Park, MI 48203
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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
    16247 Hamilton Ave Highland Park, MI 48203
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