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    OFF-MARKET
    Neighborhood centers

    630 14 Mile Rd, Clawson, MI 48017

    15,486 SF Built 1987
    Property ID
    Property summary
    AI-generated overview

    This single-story, 15,486 square foot retail strip center is located at 630 West 14 Mile Road in Clawson, Michigan, at the hard corner of the lighted intersection of West 14 Mile Road and Bywood Street. Built in 1987, the property sits on 1.2 acres and is zoned B1. The building features three suites, with a total of 7,046 square feet currently vacant. Individual suites range from a minimum of 1,326 square feet to a maximum contiguous space of 4,160 square feet. The property boasts excellent visibility and ample parking, situated in a densely populated residential area between Crooks Road and Main Street. The center is anchored by Palace Liquor and has a history of strong tenancy. The property's address is 630 West 14 Mile Road, Clawson, MI 48017, with the Oakland County APN being 20-33-453-046. This presents a unique opportunity for investors seeking a well-located retail property with significant potential. The property's strategic location and existing infrastructure make it an attractive investment prospect.

    Property profile
    Verified
    Property type Neighborhood centers
    Year built 1987
    Total area 15,486 SF
    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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