Allen Park Retail
17445 Ecorse Road Allen Park, MI 48180
17445 Ecorse Road, Allen Park, MI, 48180
Contact for pricing
For Sale
Contact for pricing
Retail space available for sale in Allen Park, Michigan.
Property Size4,705 SF
Price / SF$126.46
Days on Market63
Property Features for 17445 Ecorse Road
General Information
- Standard status
- Active
- Size
- 4,705 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1952
Listing agency
Friedman Real Estate
(248) 324-2000
Listed by
Greg Hornby · License #MI 6501313839
Source
Crexi
Added: May 20 Updated: Jul 10 at 1:36PM Checked: Jul 20 at 3:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Friedman Real Estate
Investment Insights
Based on property information with market context.
Located at 17745 Ecorse Road, Allen Park, MI 48180, this commercial real estate offering consists of retail space. The property has a size of 4705 square feet and is available for sale.
Key Highlights
- Established in 1952
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.8k | $14.40 |
| − Vacancy | −$4.1k | −$0.86 |
| EGI | $63.7k | $13.54 |
| − OpEx | −$19.1k | −$4.06 |
| NOI | $44.6k | $9.48 |
4,705 SF · lease $14.40/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$636.9K
$557.3K – $743.0K
NOI $44,581 @ 7.0% cap · market cap 7.49%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$871.1K
$762.2K – $1.02M
NOI $60,977 @ 7.0% cap · market cap 10.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Artistic Dental Laboratory
Dental Office
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail space available for sale in Allen Park, Michigan.
Where is this retail space located?
The property is located at 17445 Ecorse Road Allen Park, MI.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Established in 1952
