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    18809-18833 Eureka Rd Southgate, MI 48195

    Sponsored
    For Lease
    $12 SF/Yr ($9,800 /Mo)

    High-traffic retail space available in Southgate, MI

    Lot size:
    9,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 18809-18833 Eureka Road in Southgate, Michigan, presents a prime opportunity for businesses seeking high visibility and strong foot traffic. The single-story building, constructed in 1976, boasts a total of 9,800 square feet, with 1,750 square feet currently available for lease. Situated on a generous 1.94-acre lot, the property offers ample parking with 43 spaces for customers and employees. The building's C2 zoning allows for a variety of commercial uses. Its location on Eureka Road, near Reeck Road, in the Downriver South submarket of Wayne County, ensures excellent exposure to a large customer base. The property benefits from strong demographics and high traffic counts, making it an ideal location for retail businesses. Furthermore, pylon building signage is available, providing excellent branding opportunities. This is a rare chance to secure a well-positioned retail space in a thriving area. The property is conveniently located in Southgate, MI, zip code 48195. The building consists of one structure with a single story.

    Property Features for 18809-18833 Eureka Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,800 SF
    Total Rate
    9800

    Building Details

    Year Built
    1976
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite Availalble
    Size
    1,750 SF
    Rate per SF
    $12

    HighLights

    • 1,750 square feet available for lease.
    • 9,800 total square feet in a single‑story building.
    • 1.94‑acre lot with 43 parking spaces.
    • C‑2 zoning.
    • High‑traffic location on Eureka Road near Reeck Road in Southgate, MI (48195), offering excellent visibility and strong demographics.
    • Pylon signage available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Southgate
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2239354
    Latitude
    42.1983335

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic retail space available in Southgate, MI
    Where is this individual retail property located?
    The property is located at 18809-18833 Eureka Rd Southgate, MI.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 1,750 square feet available for lease.; 9,800 total square feet in a single-story building.; 1.94-acre lot with 43 parking spaces.
    Request Owner's contact information
    18809-18833 Eureka Rd Southgate, MI 48195
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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
    18809-18833 Eureka Rd Southgate, MI 48195
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