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    16325 Eleven Mile Rd Roseville, MI 48066

    Sponsored
    For Sale
    $199,999

    High-visibility convenience store, ample parking.

    Property size:
    2,190 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 2,190 square foot retail space, formerly a party store, presents a fantastic investment opportunity in Roseville, Michigan. Located at 16325 E Eleven Mile Rd, 48066, this property boasts exceptional visibility due to its strategic placement off Eleven Mile Road and I-696. The building offers convenient on-site parking located at the rear, providing ample space for customers and employees. The asking price for this turnkey retail space is $199,999. The property's convenient store subtype makes it ideal for a variety of retail uses, offering a strong foundation for a successful business venture. Its prime location and ample parking make it an attractive option for both established businesses seeking expansion and entrepreneurs looking to launch a new enterprise. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Serious inquiries are encouraged to explore this promising investment opportunity further. This property is zoned for retail use.

    Property Features for 16325 Eleven Mile Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,190 SF

    HighLights

    • 2,190 SF retail space in Roseville, MI (48066) at 16325 E Eleven Mile Rd, asking $199,999.
    • High visibility location off Eleven Mile Road and I‑696.
    • On‑site rear parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    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
    Roseville
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9528103
    Latitude
    42.4948123

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    FAQs

    What type of property is this?
    Individual retail property - High-visibility convenience store, ample parking.
    Where is this individual retail property located?
    The property is located at 16325 Eleven Mile Rd Roseville, MI.
    What is the asking price?
    The asking price for this property is $199,999.
    What are key features of this property?
    This property features: 2,190 SF retail space in Roseville, MI (48066) at 16325 E Eleven Mile Rd, asking $199,999.; High visibility location off Eleven Mile Road and I-696.; On-site rear parking.
    Request Owner's contact information
    16325 Eleven Mile Rd Roseville, MI 48066
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    Roseville, MI 48066
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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
    16325 Eleven Mile Rd Roseville, MI 48066
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