35850 Utica Road Clinton Township, MI 48035
COMMERCIAL - Clinton Township, MI
- Added:
- Jun 26, 2025
- Days on Market:
- 383
- Last Refresh:
- Jul 13 at 2:06 am
Property Features for 35850 Utica Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Exterior features
- Fenced Yard
- Fencing
- Fenced
- Standard status
- Active
- APN
- 16-11-30-329-002
- Size
- 9,755 SF
- Lot size
- 0.41 Acres
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air, Exhaust Fan (Cooling), Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1971
- Roof type
- Composition
Listing agent Matthew Hanke License #6501375089 (586) 307-4899
Listing office RE/MAX First 37040 Garfield Rd Ste T-2, MI (586) 792-8000
Listing date Jun 26, 2025
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Investment Insights
Based on property information with market context.
The property provides ample parking and is located on Utica Road, just south of Moravian Drive, in Clinton Township, MI (Macomb County).
Improvements cited by the seller include a newer roof, newer furnaces with A/C, and newer electrical.
Key Highlights
- Multi‑use commercial building with 9,755 sq. ft. zoned B3 in Clinton Twp. on Utica Rd., just south of Moravian Drive
- Four main interior sections: approx. 3,500 sq. ft. front showroom plus approx. 1,200 sq. ft., approx. 1,200 sq. ft., and approx. 3,800 sq. ft. space
- Approx. 3,800 sq. ft. section includes a 10' H x 12' W overhead door; separate inventory room with ample shelving
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 | $117.1k | $12.00 |
| − Vacancy | −$14.0k | −$1.44 |
| EGI | $103.0k | $10.56 |
| − OpEx | −$30.9k | −$3.17 |
| NOI | $72.1k | $7.39 |