Commercial Land with Existing
For Lease
$120,000
1850 E 12 Mile Rd, Madison Heights, MI 48071
Ground lease site with an existing structure at a busy, signalized intersection in Madison Heights.
Space SizeContact for details
Days on Market105
Property Features for 1850 E 12 Mile Rd
General Information
Standard status
Active
Property subtype
Retail
Zoning
B-1
Listing Agency:
Gerdom Realty & Investment
(248) 520-0524
Listed By:
Michael Murphy · License #6502357230
(248) 520-0524
Source:
Cpix.resimplifi
Added: May 18
Changed: Aug 30
Last Checked: Aug 30 at 12:29AM
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 Gerdom Realty & Investment
Investment Insights
Based on property information with market context.
This commercial land offering is structured as a ground lease and includes a 0.46-acre lot with an existing 3,038-square-foot building. The property carries B-1 zoning and occupies the southwest corner of East 12 Mile Road and Dequindre Road.
Located in Madison Heights, the site is positioned at a busy, lighted intersection described as a high-traffic location. The existing building and corner placement are established components of the property, while the ground lease structure defines the available transaction format.
Located in Madison Heights, the site is positioned at a busy, lighted intersection described as a high-traffic location. The existing building and corner placement are established components of the property, while the ground lease structure defines the available transaction format.
Key Highlights
- 0.46‑acre commercial land parcel
- Existing 3,038 SF building on the site
- Southwest corner of East 12 Mile Road and Dequindre Road
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
574
Businesses Nearby
Explore this area
Business Placement
Demographics for 48071, MI
28,468
Population
14,690
Households
1.9
Avg Household Size
39
Median Age
32%
College-Educated
89%
High-School Grad
7.1 sq mi
ZIP Area
4,010
Density / Sq Mi
$66,726
Median Household Income
$49,151
Median Earnings
$1,138
Median Rent
$190,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Ground lease site with an existing structure at a busy, signalized intersection in Madison Heights.
Where is this commercial land located?
The property is located at 1850 E 12 Mile Rd Madison Heights, MI.
What is the lease rate?
The lease rate is $120,000.
What are key features of this property?
This property features: 0.46‑acre commercial land parcel; Existing 3,038 SF building on the site; Southwest corner of East 12 Mile Road and Dequindre Road
