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    16066 15 Mile Rd Fraser, MI 48026

    For Lease
    $1,495 /Mo

    Retail space available on a high-traffic corner with monument signage.

    Lot size:
    1.67 Acres

    Property Features for 16066 15 Mile Rd

    General Information

    Lot size
    1.67 Acres

    Building Details

    Year built
    1990

    Source: Pilot Property Group - Residential LLC Agent Alexander Termini

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

    Overview

    Retail Space on High-Traffic Corner

    This retail space offers frontage on both Utica Road and 15 Mile Road. The property benefits from an excellent location on a high-traffic corner and includes a monument sign on-site. The available space is 1,200 square feet. The location is across from Meijer, Taco Bell, Auto Zone, Jersey Mike's, and Starbucks.
    Location Intelligence

    Current Use by Public Records

    Metro by T-Mobile Cell Phone Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Fraser
    County
    Macomb
    State
    Michigan
    Longitude
    -82.958066
    Latitude
    42.552907

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    FAQs

    What type of property is this?
    Retail space - Retail space available on a high-traffic corner with monument signage.
    Where is this retail space located?
    The property is located at 16066 15 Mile Rd Fraser, MI.
    What are key features of this property?
    This property features: - High-traffic corner location at the intersection of Utica Road and 15 Mile Road; - Frontage on both Utica Road and 15 Mile Road; - Located across from Meijer, Taco Bell, Auto Zone, Jersey Mike's, and Starbucks
    (586) 291-0499
    Request Owner's contact information
    16066 15 Mile Rd Fraser, MI 48026
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    Fraser, MI 48026
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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
    16066 15 Mile Rd Fraser, MI 48026
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