535 14 Mile Rd Madison Heights, MI 48071
This 3,500 square foot freestanding retail building, constructed in 1978, is ideally situated at 535 W 14 Mile Rd in Madison Heights, Michigan, zip code 48071. The property sits on a 0.62-acre lot and is zoned BI. Its prime location offers exceptional visibility and accessibility, conveniently located off I-75 freeway in a high-traffic retail corridor of Oakland County. The area boasts a strong concentration of notable retailers, including Macy's, Kohl's, JCPenney, Sears, Barnes & Noble, Office Depot, TJ Maxx, Pier One Imports, Best Buy, Big Lots, Dunham's, Target, Michaels, OfficeMax, Jo-Ann Fabrics, and Great Clips. High traffic counts are recorded at key intersections: W 14 Mile Rd & Palmer Ave (55,709), W 14 Mile Rd & Stephenson Hwy (50,198), and W 14 Mile Rd & I-75 (43,069). This presents a significant opportunity for businesses seeking a well-established location with high visibility and strong consumer traffic. The property's size and location make it suitable for a variety of retail uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.