Corner Retail
For Sale
$800,000
527 N Rochester Rd, Clawson, MI 48017
RM-1-zoned property with a flexible layout suitable for shared occupancy and retail, service, or office use.
Property Size4,000 SF
Price / SF$200
Days on Market58
Property Features for 527 N Rochester Rd
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Retail
Zoning
RM-1
Site & Location
Corner Location
Yes
Highway Access
Yes
Building Details
Building Size
4,000 SF
Listing Agency:
Colliers
Listed By:
Sean Jamian
(248) 226-1637
Source:
Cpix.resimplifi
Added: Aug 20
Changed: Sep 14
Last Checked: Oct 16 at 5:51AM
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 Colliers
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Investment Insights
Based on property information with market context.
This 4,000-square-foot storefront occupies a corner parcel along Rochester Road in Clawson. The building is positioned for retail, service, or office operations and may support a multi-tenant arrangement, allowing occupancy to be organized among separate users. Its corner placement and approximately 104 feet of Rochester Road frontage provide prominent street presence.
The property is near I-75, connecting the site with local customers and regional commuters across Metro Detroit. The surrounding setting includes established retail businesses and residential neighborhoods, contributing to an active commercial environment. Zoning is RM-1.
The property is near I-75, connecting the site with local customers and regional commuters across Metro Detroit. The surrounding setting includes established retail businesses and residential neighborhoods, contributing to an active commercial environment. Zoning is RM-1.
Key Highlights
- 4,000 SF retail building on a corner lot
- Approximately 104 feet of frontage along Rochester Road
- Near I‑75 with connectivity across Metro Detroit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,042
Cap Rate
5.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$860,840
$860.8K
Cap Rate 7%
$614,886
$614.9K
Cap Rate 9%
$478,244
$478.2K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$67.2K $16.80/SF
− Vacancy
−$5.7K −$1.43/SF
EGI
$61.5K $15.37/SF
− OpEx
−$18.4K −$4.61/SF
NOI
$43.0K $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%
$860,840
Cap Rate 7%
$614,886
Cap Rate 9%
$478,244
Alternative Uses
Best Use
Retail
$614.9K
$538.0K – $717.4K
NOI $43,042 @ 7.0% cap · market cap 5.38%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$862.8K
$754.9K – $1.01M
NOI $60,394 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,007
Businesses Nearby
25k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 78%
Dining 22%
Sunoco
Shops & Services
8,555 visits/mo
0.4 miles
7-Eleven
Shops & Services
6,739 visits/mo
0.3 miles
BP
Shops & Services
4,200 visits/mo
0.4 miles
Tubby's
Dining
3,978 visits/mo
0.4 miles
SUBWAY
Dining
1,607 visits/mo
0.4 miles
Demographics for 48017, MI
11,353
Population
5,827
Households
1.9
Avg Household Size
39
Median Age
44%
College-Educated
97%
High-School Grad
2.2 sq mi
ZIP Area
5,160
Density / Sq Mi
$86,935
Median Household Income
$62,650
Median Earnings
$1,255
Median Rent
$251,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Fougne Floral & Gifts — 133 w 14 mile rd, clawson, mi 48017
- Blumz Florist — 29 S Main St, Clawson, MI 48017
Frequently Asked Questions
What type of property is this?
Storefront property - RM-1-zoned property with a flexible layout suitable for shared occupancy and retail, service, or office use.
Where is this storefront property located?
The property is located at 527 N Rochester Rd Clawson, MI.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 4,000 SF retail building on a corner lot; Approximately 104 feet of frontage along Rochester Road; Near I‑75 with connectivity across Metro Detroit
