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    Collectibles & Gift Shop West Bloomfield Township, MI 48325

    • Retail properties
    • 3,000 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 0 Collectibles & Gift Shop

    Year built
    2018
    Property size
    3,000 SF
    Property type
    Retail properties
    Property subtype
    Grocery and convenience stores

    Description

    This exceptional 3,000-square-foot convenience store in West Bloomfield Township, Michigan, presents a unique investment opportunity. Built in 2018, the property boasts a prime downtown location with no nearby competition. The asking price of $169,999 includes a substantial inventory valued at approximately $340,000, consisting of sports and celebrity memorabilia, collectibles, furniture, vintage clothing, and rare art pieces. The store also features additional basement storage. A month-to-month lease is in place, with the landlord prepared to negotiate a new lease agreement. Financial highlights include a gross revenue of $58,802, fixtures, furniture, and equipment valued at $10,000, and a monthly rent of $3,400. Seller financing is available with 50% down, amortized over 36 months at 6% interest. The seller will provide training to ensure a smooth transition for the new owner. This presents a chance to acquire an established business with significant growth potential, including expanding product offerings, online sales, and website updates. The property is located at a specific address in West Bloomfield Township, Oakland County, MI 48325. The business has been operating since 2018. One full-time and one part-time employee are currently on staff.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    West Bloomfield Township
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3642
    Latitude
    42.5386

    Comparable in this City

    • Value Estimation by Request
      1,300 SF

      Chicken & Pizza Franchise Oakland County Mi

      Restaurants • 1,300 SF
      0 Chicken & Pizza Franchise Oakland County Mi, West Bloomfield Township, MI 48325
      View Details
    • Value Estimation by Request
      0.06 Acres

      Middlebelt

      INDUSTRIAL - VACANT LAND • 0.06 Acres
      Middlebelt, West Bloomfield, MI 48325
      View Details
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    Collectibles & Gift Shop
    West Bloomfield Township, MI 48325
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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
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