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    29048 Campbell Rd Madison Heights, MI 48071

    For Lease
    $20 SF/Yr

    High-traffic retail space, flexible layouts.

    Lot size:
    14,999 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail property, located at 29048-29098 N Campbell Rd in Madison Heights, Michigan, 48071, offers a total of 14,999 square feet of space. Currently, 1,300 square feet is vacant, presenting a unique opportunity for a new tenant. The property is configured as a multi-tenant building with a street retail subtype. A significant portion of the available space, totaling 8,900 square feet, is situated on the northeast corner of 12 Mile Road and Campbell Road, benefiting from high visibility and significant traffic flow. This large space offers considerable flexibility, as it can be subdivided into three individual units, each measuring 2,960 square feet. This adaptability makes the property suitable for a variety of retail businesses. The property enjoys a strong location, shadow-anchored by a busy Holiday Market, ensuring consistent foot traffic and customer exposure. This prime location, combined with the flexible space options, makes this property an ideal investment for businesses seeking a high-visibility presence in a thriving retail area. The property's address is 29048-29098 N Campbell Rd, Madison Heights, MI 48071.

    Property Features for 29048 Campbell Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,999 SF
    Total Rate
    24998.33

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    8,900 SF
    Rate per SF
    $20

    HighLights

    • Former nail salon space available for lease.
    • High‑traffic location.
    • Turnkey opportunity for a variety of businesses.
    • Excellent visibility and signage opportunities.
    • Competitive lease terms available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Family Dollar Dollar Store

    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
    Madison Heights
    County
    Oakland
    State
    Michigan
    Longitude
    -83.124368257176
    Latitude
    42.505148439447

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic retail space, flexible layouts.
    Where is this individual retail property located?
    The property is located at 29048 Campbell Rd Madison Heights, MI.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Former nail salon space available for lease.; High-traffic location.; Turnkey opportunity for a variety of businesses.
    Request Owner's contact information
    29048 Campbell Rd Madison Heights, MI 48071
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    Madison Heights, MI 48071
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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
    29048 Campbell Rd Madison Heights, MI 48071
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