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    15255 17 Mile Rd Clinton Township, MI 48038

    Sponsored
    For Sale
    $2,200,000

    12,996 SF Office, $2.2M Asking

    Property size:
    12,996 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 12,996-square-foot executive office building, located at 15255 17 Mile Road in Clinton Township, Michigan, presents a compelling investment opportunity. Built in 2004, this Class B property sits on a 1.39-acre lot (APN 16-11-18-358-008) and is currently vacant, offering immediate occupancy. The asking price is $2,200,000, translating to $169.28 per square foot. The building boasts a prime location at the hard corner of 17 Mile Road and Hayes Road, less than three miles from the Lakeside Mall shopping district, making it highly visible and accessible. Its strategic location is ideal for a variety of uses, including medical offices, general retail, or a drive-thru business. The building itself features convenient drive-thru access and prominent monument signage, enhancing its visibility from both 17 Mile Road and Hayes Road. While currently listed for sale, lease options are also available at a rate of $18.00 per square foot. This property offers significant potential for a discerning investor or business owner seeking a high-profile location in a thriving commercial area. The building is a single-tenant occupancy space. The zip code is 48038.

    Property Features for 15255 17 Mile Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    12,996 SF
    Class
    B
    Lot Size
    60,548 SF

    Building Details

    Year Built
    2004

    HighLights

    • High‑visibility retail space at the hard corner of 17 Mile Road and Hayes Road.
    • Proximity to Lakeside Mall shopping district (under 3 miles).
    • Suitable for medical office, retail, or entertainment uses.
    • Features a drive‑thru, monument signage, and access from both Hayes Road and 17 Mile Road.
    • Available for sale or lease; lease rate: $18.00 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Clinton Township
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9708911
    Latitude
    42.5836896

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    FAQs

    What type of property is this?
    Office Property / Space - 12,996 SF Office, $2.2M Asking
    Where is this office property / space located?
    The property is located at 15255 17 Mile Rd Clinton Township, MI.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: High-visibility retail space at the hard corner of 17 Mile Road and Hayes Road.; Proximity to Lakeside Mall shopping district (under 3 miles).; Suitable for medical office, retail, or entertainment uses.
    (248) 851-5000
    Request Owner's contact information
    15255 17 Mile Rd Clinton Township, MI 48038
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    Clinton Township, MI 48038
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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
    15255 17 Mile Rd Clinton Township, MI 48038
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