Hall Road Commercial
For Sale
$3,500,000
22550 Hall Rd, Clinton Township, MI 48036
Versatile property suitable for office, medical, flex, industrial, retail.
Property Size22,300 SF
Days on Market215
Property Features for 22550 Hall Rd
General Information
Standard status
Active
Size
22,300 SF
Class
B
Property subtype
Office
Building Details
Building Size
22,300 SF
Year Built
1997
Listing Agency:
L. Mason Capitani, Inc.
Listed By:
Robert Gojcaj · License #6501377415
(586) 907-7155
Source:
Corfac
Added: Mar 5
Changed: Oct 4
Last Checked: Oct 5 at 5:27PM
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 L. Mason Capitani, Inc.
Investment Insights
Based on property information with market context.
This commercial property, located on North Avenue and Hall Road, is available for lease or sale. The existing layout is configured for general office use, but the property is suitable for medical, flex, industrial, or retail conversions. It features garage space with two overhead doors. The property benefits from outstanding signage and visibility on Hall Road and is easily accessible, located minutes from I-94.
Key Highlights
- Outstanding Hall Road Signage and Visibility
- Easily Accessible – Minutes from I‑94
- Available for Medical, Flex, Industrial or Retail Conversions
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$253,278
Cap Rate
7.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,065,560
$5.1M
Cap Rate 7%
$3,618,257
$3.6M
Cap Rate 9%
$2,814,200
$2.8M
Market Conditions
NOI Build-Up for 22,300 SF
Gross rent
$441.5K $19.80/SF
− Vacancy
−$51.9K −$2.33/SF
EGI
$389.7K $17.47/SF
− OpEx
−$136.4K −$6.12/SF
NOI
$253.3K $11.36/SF
Area
Macomb County, MI
Vacancy
11.75%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,065,560
Cap Rate 7%
$3,618,257
Cap Rate 9%
$2,814,200
Alternative Uses
Best Use
Flex RnD
$3.62M
$3.17M – $4.22M
NOI $253,278 @ 7.0% cap · market cap 7.24%
Second Best
Industrial
$1.72M
$1.50M – $2.00M
NOI $120,244 @ 7.0% cap · market cap 3.44%
Theoretical Best
Specialty Retail
$4.17M
$3.65M – $4.87M
NOI $292,244 @ 7.0% cap · market cap 8.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
405
Businesses Nearby
Explore this area
Business Placement
Demographics for 48036, MI
22,517
Population
9,855
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
93%
High-School Grad
8.3 sq mi
ZIP Area
2,713
Density / Sq Mi
$65,109
Median Household Income
$36,730
Median Earnings
$1,018
Median Rent
$201,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Versatile property suitable for office, medical, flex, industrial, retail.
Where is this office building located?
The property is located at 22550 Hall Rd Clinton Township, MI.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Outstanding Hall Road Signage and Visibility; Easily Accessible – Minutes from I‑94; Available for Medical, Flex, Industrial or Retail Conversions
