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    44905 Morley Dr Clinton Township, MI 48036

    Sponsored
    For Sale
    $3,200,000

    Prime Clinton Twp. shopping center, high-traffic location.

    Property size:
    21,756 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail investment opportunity presents a 21,756 square foot shopping center situated on a 2.9-acre lot at 44905 Morley Dr, Clinton Township, Michigan 48036. The property boasts a prominent location with Hall Road frontage, providing excellent visibility and accessibility. Currently operating at 56% occupancy, this multi-tenant property offers a diverse mix of uses, including a turn-key restaurant complete with fixtures, furniture, equipment (FF&E), and a readily transferable liquor license. A 2,444 square foot white box space is immediately available for lease, presenting a significant opportunity for additional income generation. The property is zoned B-2, allowing for a variety of commercial uses. The asking price is $3,200,000, translating to a price per square foot of $147.09. Convenient access to I-94 ensures high traffic flow and easy commutes for both tenants and customers. Aggressive rental rates are currently in place, offering significant potential for increased revenue. This well-maintained property is priced to sell and represents a compelling investment opportunity in a thriving commercial area. The property's location in Macomb County, Michigan, offers a strong market for retail businesses.

    Property Features for 44905 Morley Dr

    General Information

    Property type
    Lifestyle centers
    Square Feet
    21,756 SF
    Lot Size
    126,324 SF

    HighLights

    • Hall Road frontage in a well‑maintained shopping center.
    • Turnkey restaurant space including fixtures, furniture, equipment (FF&E), and a liquor license.
    • 2,444 square feet of move‑in ready white box space.
    • Convenient I‑94 access.
    • Competitive rental rates.
    • Asking price: $147 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Clinton Township
    County
    Macomb
    State
    Michigan
    Longitude
    -82.8686632
    Latitude
    42.6289006

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Clinton Twp. shopping center, high-traffic location.
    Where is this lifestyle center located?
    The property is located at 44905 Morley Dr Clinton Township, MI.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: Hall Road frontage in a well-maintained shopping center.; Turnkey restaurant space including fixtures, furniture, equipment (FF&E), and a liquor license.; 2,444 square feet of move-in ready white box space.
    Request Owner's contact information
    44905 Morley Dr Clinton Township, MI 48036
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    Clinton Township, MI 48036
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    44905 Morley Dr Clinton Township, MI 48036
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