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    23300 Greenfield Rd Oak Park, MI 48237

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    Oak Park, MI: 10,000 SF Retail Space

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10,000 square foot retail space is available for lease at 23300 Greenfield Road in Oak Park, Michigan. Situated on a 0.91-acre lot in Oakland County, this single-tenant property presents a fantastic opportunity for businesses seeking a prominent location. The entire building is currently vacant, offering a blank canvas for a new tenant to customize the space to their exact specifications. The property's address is highly visible along Greenfield Road, ensuring excellent exposure to a substantial volume of daily traffic. The convenient location within Oak Park provides easy access to major roadways and a diverse customer base. This property is ideal for a variety of retail uses, offering ample space for display, inventory, and customer service areas. The building's size and layout provide flexibility for businesses of various scales. The 0.91-acre lot provides ample parking and potential for future expansion. This is a rare opportunity to secure a substantial retail space in a prime Oak Park location. The property is zoned for commercial use and is ready for immediate occupancy. Interested parties are encouraged to inquire promptly to schedule a viewing and discuss lease terms. The zip code for this property is 48237.

    Property Features for 23300 Greenfield Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    10,000 SF

    HighLights

    • Ground lease or build‑to‑suit opportunity available on Greenfield Road, north of 9 Mile Road.
    • High‑visibility site with multiple access points at the corner of 9 Mile and Greenfield Roads.
    • High traffic counts exceeding 35,000 vehicles daily, situated in a densely populated residential area.
    • Proximity to the Northland City Center redevelopment, a mixed‑use project including 1,200 residential units and retail space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Oak Park
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2006922
    Latitude
    42.4601899

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    FAQs

    What type of property is this?
    Retail property - Oak Park, MI: 10,000 SF Retail Space
    Where is this retail property located?
    The property is located at 23300 Greenfield Rd Oak Park, MI.
    What are key features of this property?
    This property features: Ground lease or build-to-suit opportunity available on Greenfield Road, north of 9 Mile Road.; High-visibility site with multiple access points at the corner of 9 Mile and Greenfield Roads.; High traffic counts exceeding 35,000 vehicles daily, situated in a densely populated residential area.
    Request Owner's contact information
    23300 Greenfield Rd Oak Park, MI 48237
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    Oak Park, MI 48237
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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
    23300 Greenfield Rd Oak Park, MI 48237
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