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    16630 Southfield Rd Allen Park, MI 48101

    Sponsored
    For Lease
    $32 SF/Yr

    Prime Retail/Restaurant Space Available

    Lot size:
    16,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 16,000 square foot retail strip center in Allen Park, Michigan, presents a unique investment opportunity. Located at 16630 Southfield Road, in the Southern Wayne submarket of Wayne County, this property sits on a generous 5-acre lot and offers flexible space options. The entire 16,000 square feet is currently vacant, providing a blank canvas for a single large tenant or the potential for multiple smaller tenants. Minimum divisible space is 3,000 square feet, allowing for adaptability to various business needs. The property's zoning allows for both retail and restaurant uses, making it ideal for a diverse range of businesses. Its strategic location in Allen Park, Michigan, offers excellent visibility and accessibility, ensuring high foot traffic and potential for strong returns. The property is zoned to accommodate a variety of retail and restaurant concepts, making it a highly versatile investment. With its ample space and prime location, this property represents a significant opportunity for growth and profitability in a thriving market. The entire center is available for lease, offering a rare chance to establish a substantial presence in a desirable area. Contact us today to learn more about this exceptional retail investment opportunity.

    Property Features for 16630 Southfield Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,000 SF
    Total Rate
    42666.67

    Unit(s) available at that property

    Space
    Available space
    Size
    16,000 SF
    Rate per SF
    $35
    Property Profile Location Intelligence

    Current Use by Public Records

    Ford Vehicle Evaluation ... Corporate Office

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Allen Park
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2157208
    Latitude
    42.2652149

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail/Restaurant Space Available
    Where is this neighborhood center located?
    The property is located at 16630 Southfield Rd Allen Park, MI.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    Request Owner's contact information
    16630 Southfield Rd Allen Park, MI 48101
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    Allen Park, MI 48101
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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
    16630 Southfield Rd Allen Park, MI 48101
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