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    Freestanding Commercial Building with Showroom Title is generated by Realmo AI

    30125 John R Rd, Madison Heights, MI 48071

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    Commercial building with showroom and fenced parking for 60 vehicles.

    Type:Office, Retail
    Property size:
    6,036 SF
    Price / SF:
    $144/SF
    Added:
    Jun 6, 2025
    Days on Market:
    387
    Last Refresh:
    Mar 17 at 1:19 pm

    Property Features for 30125 John R Rd

    General Information

    Standard status
    Active
    Size
    6,036 SF
    Property subtype
    Office, Retail

    Building Details

    Year Built
    1969

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    Jason Capitani, SIOR, CCIM
    Jason Capitani, SIOR, CCIM

    Listing office L. Mason Capitani

    Listing date Jun 6, 2025

    Source Crexi

    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

    HighLights

    • Free‑standing commercial building
    • Showroom
    • Fenced parking lot for 60 vehicles
    • Price recently reduced by 15%
    • Built in 1969

    Overview

    This is a freestanding commercial building featuring a showroom. The property includes a fenced parking lot with space for 60 vehicles. The building has a total size of 6,036 square feet. The property is suitable for retail, showroom, and office use.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $101.4k $16.80
    − Vacancy −$8.6k −$1.43
    EGI $92.8k $15.37
    − OpEx −$27.8k −$4.61
    NOI $64.9k $10.76
    6,036 SF · lease $16.80/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $927.9K
    $811.9K – $1.08M (±1% cap)
    NOI $64,950 @ 7.0% cap · market cap 7.42%
    Second Best
    Office B
    $296.8K
    $259.7K – $346.3K (±1% cap)
    NOI $20,779 @ 7.0% cap · market cap 2.37%
    Theoretical Best
    Specialty Retail
    $1.30M
    $1.14M – $1.52M (±1% cap)
    NOI $91,134 @ 7.0% cap · market cap 10.42%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Y & B Nail ... Big Box & Wholesale Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • R 3 Tile Inc — 995 e 10 mile rd, madison heights, mi 48071

    Location Insight

    • Map
    • Local Demand
    City
    Madison Heights
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1065383
    Latitude
    42.5134664

    FAQs

    What type of property is this?
    Showroom - Commercial building with showroom and fenced parking for 60 vehicles.
    Where is this showroom located?
    The property is located at 30125 John R Rd Madison Heights, MI.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: Free‑standing commercial building; Showroom; Fenced parking lot for 60 vehicles
    More about this property
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