Retail Corner Location For
For Sale
$345,622
25761 Coolidge Highway, Oak Park, MI 48237
Retail property at a signalized corner location.
Property Size1,519 SF
Price / SF$227.53
Days on Market196
Property Features for 25761 Coolidge Highway
General Information
Standard status
Active
Size
1,519 SF
Property subtype
Retail
Listing Agency:
CBRE | Detroit
Listed By:
Matthew Croswell
(248) 351-2084
Source:
Cbre
Added: Mar 25
Changed: Oct 3
Last Checked: Oct 5 at 5:42PM
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 CBRE | Detroit
Investment Insights
Based on property information with market context.
This commercial property, suitable for retail or storefront use, is situated at the southwest hard corner of Coolidge Highway and Lincoln Street. The property offers a total size of 1519 square feet.
Key Highlights
- Signalized southwest hard corner location
- Coolidge Hwy frontage
- Lincoln Street frontage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,345
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,900
$326.9K
Cap Rate 7%
$233,500
$233.5K
Cap Rate 9%
$181,611
$181.6K
Market Conditions
NOI Build-Up for 1,519 SF
Gross rent
$25.5K $16.80/SF
− Vacancy
−$2.2K −$1.43/SF
EGI
$23.4K $15.37/SF
− OpEx
−$7.0K −$4.61/SF
NOI
$16.3K $10.76/SF
Area
Oakland County, MI
Vacancy
8.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,900
Cap Rate 7%
$233,500
Cap Rate 9%
$181,611
Alternative Uses
Best Use
Retail
$233.5K
$204.3K – $272.4K
NOI $16,345 @ 7.0% cap · market cap 4.73%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$327.6K
$286.7K – $382.2K
NOI $22,934 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
508
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
12,915 visits/mo
0.4 miles
Chase Bank
Shops & Services
7,966 visits/mo
0.1 miles
Demographics for 48237, MI
29,560
Population
13,036
Households
2.3
Avg Household Size
38
Median Age
39%
College-Educated
93%
High-School Grad
5.1 sq mi
ZIP Area
5,796
Density / Sq Mi
$65,882
Median Household Income
$44,992
Median Earnings
$1,354
Median Rent
$198,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Rose of Sharon Flowers — 14301 nadine st, oak park, mi 48237
- Endless Flowers — 3678 W Eleven Mile Rd, Berkley, MI 48072
Frequently Asked Questions
What type of property is this?
Storefront property - Retail property at a signalized corner location.
Where is this storefront property located?
The property is located at 25761 Coolidge Highway Oak Park, MI.
What is the asking price?
The asking price for this property is $345,622.
What are key features of this property?
This property features: Signalized southwest hard corner location; Coolidge Hwy frontage; Lincoln Street frontage
