Move-in Ready Office
For Sale
Contact for pricing
22815 Kelly Rd, Eastpointe, MI 48021
Professional office space with main road exposure and quick highway access.
Property Size5,166 SF
Price / SF$0.00
Days on Market258
Property Features for 22815 Kelly Rd
General Information
Standard status
Active
Size
5,166 SF
Class
B
Total Parking Spaces
20
Property subtype
Office
Zoning
MU-1
Building Details
Building Size
5,166 SF
Year Built
1970
Buildings
1
Stories
2
Tenancy
Single Tenant
Listing Agency:
Pilot Property Group
Listed By:
Attilio Pacella · License #MI 6501412302
(586) 291-3582
Source:
Cpix.resimplifi
Added: Feb 16
Changed: Oct 31
Last Checked: Oct 30 at 10:35AM
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 Pilot Property Group
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Investment Insights
Based on property information with market context.
This commercial space, totaling 5166 square feet, is suitable for a variety of professional uses. The property benefits from excellent exposure on a main road and offers quick access to I-94. The layout includes 7 move-in ready private offices, with furniture available. It also features a large legal library or conference room, a full kitchen, and 4 restrooms. The property is zoned for mixed-use.
Key Highlights
- 7 move‑in ready private offices (furniture available)
- Excellent main road exposure
- Ideal for a law firm, CPA, financial planner, real estate brokerage or other professional use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,784
Suggested Prices Based on Cap Rates
Cap Rate 5%
$355,680
$355.7K
Cap Rate 7%
$254,057
$254.1K
Cap Rate 9%
$197,600
$197.6K
Market Conditions
NOI Build-Up for 5,166 SF
Gross rent
$31.0K $6.00/SF
− Vacancy
−$7.3K −$1.41/SF
EGI
$23.7K $4.59/SF
− OpEx
−$5.9K −$1.15/SF
NOI
$17.8K $3.44/SF
Area
Macomb County, MI
Vacancy
23.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$355,680
Cap Rate 7%
$254,057
Cap Rate 9%
$197,600
Alternative Uses
Best Use
Office B
$254.1K
$222.3K – $296.4K
NOI $17,784 @ 7.0% cap · market cap 139,154.93%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$967.2K
$846.3K – $1.13M
NOI $67,701 @ 7.0% cap · market cap 529,741.78%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
498
Businesses Nearby
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Business Placement
Demographics for 48021, MI
34,244
Population
14,124
Households
2.4
Avg Household Size
37
Median Age
15%
College-Educated
89%
High-School Grad
5.1 sq mi
ZIP Area
6,715
Density / Sq Mi
$58,196
Median Household Income
$35,836
Median Earnings
$1,335
Median Rent
$129,100
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Professional office space with main road exposure and quick highway access.
Where is this office unit located?
The property is located at 22815 Kelly Rd Eastpointe, MI.
What are key features of this property?
This property features: 7 move‑in ready private offices (furniture available); Excellent main road exposure; Ideal for a law firm, CPA, financial planner, real estate brokerage or other professional use
