Strip Mall Retail
For Sale
Contact for pricing
19403 10 mile Road, Roseville, MI 48066
The space carries B-1 zoning and has parking at both the front and rear.
Property Size920 SF
Price / SF$1.30
Days on Market47
Property Features for 19403 10 mile Road
General Information
Standard status
Active
Size
920 SF
Zoning
B-1
Listing Agency:
King Commercial Realty, LLC
Listed By:
Anthony R Sievert · License #6502422805
(586) 601-9830
Source:
Alexmi
Added: Sep 4
Changed: Oct 6
Last Checked: Oct 19 at 6:13AM
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 King Commercial Realty, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail space contains approximately 920 square feet within a strip-center setting. The property is zoned B-1 and includes parking areas positioned in front of and behind the building.
The location is near 94 and operates alongside a hair salon, pet-grooming business, barber shop, fitness-training business, and Larry's takeout restaurant. The surrounding mix provides an established commercial context for the storefront.
The location is near 94 and operates alongside a hair salon, pet-grooming business, barber shop, fitness-training business, and Larry's takeout restaurant. The surrounding mix provides an established commercial context for the storefront.
Key Highlights
- B‑1 zoning
- 920 Approx. Sq. Ft.
- Front and rear parking areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,801
Suggested Prices Based on Cap Rates
Cap Rate 5%
$136,020
$136.0K
Cap Rate 7%
$97,157
$97.2K
Cap Rate 9%
$75,567
$75.6K
Market Conditions
NOI Build-Up for 920 SF
Gross rent
$11.0K $12.00/SF
− Vacancy
−$1.3K −$1.44/SF
EGI
$9.7K $10.56/SF
− OpEx
−$2.9K −$3.17/SF
NOI
$6.8K $7.39/SF
Area
Macomb County, MI
Vacancy
12.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$136,020
Cap Rate 7%
$97,157
Cap Rate 9%
$75,567
Alternative Uses
Best Use
Retail
$97.2K
$85.0K – $113.4K
NOI $6,801 @ 7.0% cap · market cap 566.75%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$172.2K
$150.7K – $201.0K
NOI $12,057 @ 7.0% cap · market cap 1,004.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
521
Businesses Nearby
176k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 43%
Dining 33%
Apparel 22%
Electronics 2%
Marshalls
Apparel
38,378 visits/mo
0.5 miles
McDonald's
Dining
27,507 visits/mo
0.4 miles
Dollar Tree
Shops & Services
18,707 visits/mo
0.4 miles
Speedway
Shops & Services
16,949 visits/mo
0.4 miles
Taco Bell
Dining
11,848 visits/mo
0.4 miles
Demographics for 48066, MI
47,789
Population
22,116
Households
2.2
Avg Household Size
39
Median Age
15%
College-Educated
90%
High-School Grad
9.9 sq mi
ZIP Area
4,827
Density / Sq Mi
$61,222
Median Household Income
$38,978
Median Earnings
$1,175
Median Rent
$142,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Strip mall - The space carries B-1 zoning and has parking at both the front and rear.
Where is this strip mall located?
The property is located at 19403 10 mile Road Roseville, MI.
What are key features of this property?
This property features: B‑1 zoning; 920 Approx. Sq. Ft.; Front and rear parking areas
