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    16736 21 Mile Rd Macomb, MI 48044

    Sponsored
    For Lease
    $16 SF/Yr

    High-traffic retail space, flexible layouts.

    Lot size:
    71,415 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail property, located at 16736 21 Mile Rd in Macomb, Michigan, offers a prime opportunity for businesses seeking high visibility and convenient access. The property encompasses a total of 71,415 square feet, situated on a spacious 10.61-acre lot. Built in 1986 and renovated in 2004, the center provides a well-maintained and updated environment for tenants. Currently, there is 5,182 square feet of vacant space available, divisible into units as small as 1,627 square feet and with a maximum contiguous space of 5,182 square feet, offering flexibility for various business needs. The property boasts ample parking with 250 spaces, ensuring convenient access for customers and employees. Its location in Macomb County, Michigan, within the 48044 zip code, provides excellent access to a thriving community and strong consumer base. The property's APN is 20-08-32-100-022. This is a multi-tenant retail space ideal for businesses seeking a well-established location with significant visibility and ample parking. The property's modern amenities and convenient location make it an attractive option for a variety of retail businesses. Don't miss this chance to secure your space in this thriving commercial center.

    Property Features for 16736 21 Mile Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    71,415 SF
    Total Rate
    95220

    Building Details

    Year Built/Renovated
    1986/2004

    Unit(s) available at that property

    Space
    16774 21 Mile Road
    Size
    5,182 SF
    Rate per SF
    $16

    HighLights

    • 71,415 SF retail center on a 10.61‑acre lot in Macomb, MI (48044).
    • Located at the high‑visibility corner of Garfield Rd and 21 Mile Rd, minutes from M‑59.
    • Strong demographics: Average household income over $90,000 within a 5‑mile radius.
    • 5,182 SF of divisible vacant space available (minimum 1,627 SF).
    • Excellent tenant mix including Ace Hardware, The HUB Sports Bistro, Dollar General, Jet's Pizza, and Subway.
    • Ample parking (250 spaces).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Gym & Fitness Skin Care Clinic Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Macomb
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9554562
    Latitude
    42.6421807

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, flexible layouts.
    Where is this retail property located?
    The property is located at 16736 21 Mile Rd Macomb, MI.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 71,415 SF retail center on a 10.61-acre lot in Macomb, MI (48044).; Located at the high-visibility corner of Garfield Rd and 21 Mile Rd, minutes from M-59.; Strong demographics: Average household income over $90,000 within a 5-mile radius.
    Request Owner's contact information
    16736 21 Mile Rd Macomb, MI 48044
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    Macomb, MI 48044
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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
    16736 21 Mile Rd Macomb, MI 48044
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