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    19040 Ecorse Rd Allen Park, MI 48101

    Sponsored
    For Lease
    $11 SF/Yr ($5,270 /Mo)

    5,500 SF Freestanding Retail Building in Allen Park, MI

    Lot size:
    5,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5,500-square-foot freestanding retail building is ideally situated at 19040 Ecorse Road in Allen Park, Michigan, within Wayne County. The property boasts excellent visibility and accessibility, enjoying a prime location near major thoroughfares such as I-94 and I-75, ensuring high traffic volume and convenient access for customers. The entire 5,500 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. The building offers a single tenancy, eliminating the complexities of multi-tenant management. Ample parking is available with 26 dedicated spaces. The property benefits from its location in a thriving commercial area, surrounded by established businesses including Walmart and Home Depot, creating a synergistic environment and attracting a substantial customer base. Annual property taxes are $2.29 per square foot. This presents a unique opportunity for businesses seeking a high-visibility location with significant space and convenient parking in a bustling commercial district. The property is available for both sale and lease. The address is 19040 Ecorse Rd, Allen Park, MI 48101.

    Property Features for 19040 Ecorse Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,500 SF
    Total Rate
    5270.83

    Unit(s) available at that property

    Space
    Available Space
    Size
    5,500 SF
    Rate per SF
    $11
    Property Profile Location Intelligence

    Current Use by Public Records

    Freestanding property

    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
    Allen Park
    County
    Wayne
    State
    Michigan
    Longitude
    -83.228475
    Latitude
    42.2567714

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    FAQs

    What type of property is this?
    Individual retail property - 5,500 SF Freestanding Retail Building in Allen Park, MI
    Where is this individual retail property located?
    The property is located at 19040 Ecorse Rd Allen Park, MI.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    Request Owner's contact information
    19040 Ecorse 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
    19040 Ecorse Rd Allen Park, MI 48101
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