Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    23925 Denton St Clinton Township, MI 48036
    Property profile & analytics

    23925 Denton St Clinton Township, MI 48036

    View on Map
    • Office Spaces
    • 2,562 SF
    • 1.47 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 23925 Denton St

    Year built
    1973
    Lot size
    1.47 lot acres
    Property size
    2,562 SF
    Property type
    Office Spaces

    Description

    This single-story, 2,562 square foot Class C office building, located at 23925 Denton St, Clinton Township, MI 48036 (West of Harper, North of Metro Parkway), offers a 1,200 square foot executive office suite for lease. Built in 1973, the property sits on a 1.47-acre lot (APN: 16-11-23-476-003) and is zoned B-1. The building features ample parking, but no elevators. The available suite boasts an efficient layout including a waiting area, five private rooms, a kitchenette, and two restrooms. Monument signage is available. This quiet office building benefits from a long-term dentist tenant as a neighbor. The minimum divisible space is 1,200 square feet, with a total of 1,200 square feet currently vacant. This presents a great opportunity for a business seeking a well-located, functional office space in Clinton Township.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Clinton Township
    County
    Macomb
    State
    Michigan
    Longitude
    -82.8726
    Latitude
    42.5713

    Comparable in this City

    • Value Estimation by Request
      4,000 SF

      38855 Harper Ave

      Office Spaces • 4,000 SF
      38855 Harper Ave, Clinton Township, MI 48036
      View Details
    • Value Estimation by Request
      1,683 SF

      39011 Harper Ave

      OFFICE BUILDING • 1,683 SF
      39011 Harper Ave, Clinton Township, MI 48036-3226
      View Details
    • Value Estimation by Request
      636 SF

      39039 Harper Ave

      OFFICE BUILDING • 636 SF
      39039 Harper Ave, Clinton Township, MI 48036-3226
      View Details
    • Value Estimation by Request
      4,314 SF

      21360 Cass Ave

      OFFICE BUILDING • 4,314 SF
      21360 Cass Ave, Clinton Township, MI 48036-1482
      View Details
    • Value Estimation
      $790,000
      9,436 SF

      37040 Garfield Rd

      OFFICE BUILDING • 9,436 SF
      37040 Garfield Rd, Clinton Township, MI 48036-3646
      View Details
    • Value Estimation
      $890,000
      10,708 SF

      37060 Garfield Rd

      OFFICE BUILDING • 10,708 SF
      37060 Garfield Rd, Clinton Township, MI 48036-3647
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      22,300 SF

      Hall Road Commercial Building

      22,300 SF building suitable for multiple uses.
      22550 Hall Rd, Clinton Township, MI 48036
      View Details
    • Contact for pricing

      Professional Office Space with Drive-Thru

      High-visibility office space with drive-thru, ideal for financial institutions.
      37020 Garfield Rd, Clinton Township, MI 48036
      View Details
    • $1,299,900
      6,655 SF

      Medical/General Office Building For Sale

      Stand-alone office building with high visibility and expansion potential.
      37244 S Groesbeck Ct, Clinton Township, MI 48036
      View Details
    • Contact for pricing

      Medical/Professional Building on Garfield Road

      Two-story medical/professional building on heavily traveled Garfield Road.
      37399 Garfield Rd, Clinton Township, MI 48036
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      35,000 SF

      Executive Suites, Clinton Twp, MI

      Modern Office Space For Lease, Macomb County
      22600 Hall Rd, Clinton Township, MI 48036
      View Details
    • Contact for pricing

      Office Space For Rent

      Office space available in Clinton Township, Michigan.
      37650 Garfield Rd, Clinton Township, MI 48036
      View Details
    • Contact for pricing

      Office Space Near Hospitals

      Office space available near major roads and hospitals.
      37450 Garfield Rd, Clinton Township, MI 48036
      View Details
    • $1,100 /Mo
      800 SF

      High-Traffic Retail/Office Space Available

      800 SF space in high-traffic Clinton Township location.
      44623 N Gratiot Ave, Clinton Township, MI 48036
      View Details
    • Contact for pricing

      Industrial Building with Air Conditioning

      11,040 SF industrial building with air conditioning and easy access.
      Clinton Twp, MI 48036
      View Details
    • Contact for pricing

      Medical Professional Building on Garfield

      Two-story medical/professional building with existing suites for rent.
      37399 Garfield Rd, Clinton Township, MI 48036
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    23925 Denton St
    Clinton Township, MI 48036
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    23925 Denton St, Clinton Township, MI, 48036
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!