30728 John R Rd, Madison Heights, MI 48071
1.05 acre corner lot with potential high rise development.
- Added:
- Mar 11, 2026
- Days on Market:
- 118
- Last Refresh:
- Jul 2 at 7:38 am
Property Features for 30728 John R Rd
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 1.05 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1943
Listing office Century 21 AAA North (586) 202-8718
Listing date Mar 11, 2026
Source Elliman
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 Century 21 AAA North
HighLights
- 1.05 acre corner lot zoned B1‑LOC with potential for high‑rise building
- Great location on John R, south of 13 Mile in Madison Heights, close to I‑75
- Money‑making property with rented parking lot and building
- Nearly 5000 sq. ft. on two levels
- Suitable for strip plaza, child care, or doctor's office
- Well‑maintained with newer furnace, recent paint, and finished basement
Overview
Local Financial Insights For Healthcare Medical
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 | $126.0k | $25.20 |
| − Vacancy | −$13.2k | −$2.65 |
| EGI | $112.8k | $22.55 |
| − OpEx | −$45.1k | −$9.02 |
| NOI | $67.7k | $13.53 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Madison Heights
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1057
- Latitude
- 42.518
