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    OFF-MARKET
    Commercial real estate

    19601 Vernier Rd, Harper Woods, MI 48225

    3,230 SF 0.6 ac lot
    Property ID
    US43-0022827
    Property summary
    AI-generated overview

    This exceptional 3,230 square foot retail property, located at 19601 Vernier Rd in Harper Woods, Michigan, presents a compelling investment opportunity. Priced at $699,000 ($216.41/SF), this vacant building offers significant potential for a variety of commercial uses. Previously a bank branch, the property boasts a convenient drive-thru and ample parking with over 20 spaces. The 0.6-acre lot provides excellent visibility, featuring 175 feet of frontage on Vernier Road, ensuring high traffic exposure. Its strategic location offers quick access to the I-94 Expressway, enhancing accessibility for both customers and employees. The property benefits from its proximity to the newly developed Eastland Commerce Center, a significant economic driver in the area. The building is zoned for General Commercial use, providing flexibility for diverse business ventures. This freestanding building presents a rare opportunity to capitalize on a prime location and strong surrounding commercial development. The property is available for a NNN lease. This is an ideal investment for those seeking a high-visibility location with excellent access and ample parking in a thriving commercial area.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 3,230 SF
    Lot 0.6 ac (26,136 SF)
    UPID US43-0022827
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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