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    24350 John R Rd Hazel Park, MI 48030

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    For Sale
    $139,999

    Versatile property with high visibility and expansion plans included.

    Lot size:
    0.05 Acres

    Property Features for 24350 John R Rd

    General Information

    Lot size
    0.05 Acres

    Building Details

    Year built
    1945

    Source: Good Company Agent Jim Shaffer

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

    Overview

    Hazel Park Commercial Opportunity

    Located in Hazel Park, this commercial property offers visibility along the John R corridor. The property features a light-filled interior with potential for various uses. An overhead garage door provides convenient access. A half bath is included. The open layout allows for customization. Situated in a high-traffic area with Flex Corridor zoning, this property offers exposure and flexibility. Potential uses include office, retail, artisan manufacturing/maker space, and restaurant. Expansion plans are included with the sale.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hazel Park
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1040091
    Latitude
    42.4714482

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    FAQs

    What type of property is this?
    Retail space - Versatile property with high visibility and expansion plans included.
    Where is this retail space located?
    The property is located at 24350 John R Rd Hazel Park, MI.
    What is the asking price?
    The asking price for this property is $139,999.
    What are key features of this property?
    This property features: - Excellent visibility on busy John R corridor.; - Flex Corridor zoning allows for diverse business uses (office, retail, restaurant, etc.).; - Spacious, light-filled interior with customizable open layout.
    (248) 834-3030
    Request Owner's contact information
    24350 John R Rd Hazel Park, MI 48030
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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
    24350 John R Rd Hazel Park, MI 48030
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