Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    40740 Hayes Rd Clinton Township, MI 48038

    • Commercial real estate
    • 2,000 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 40740 Hayes Rd

    Property size
    2,000 SF
    Property type
    Commercial real estate

    Description

    This thriving coffee and cafe shop in Clinton Township, Michigan, presents a unique owner-user investment opportunity. Located at 40740 Hayes Rd, 48038, this 2,000 square foot, single-unit establishment boasts a loyal customer base and a prime location in a high-traffic area. The business benefits from excellent visibility and consistent foot and vehicle traffic, ensuring a steady stream of customers. The modern and inviting interior features comfortable seating and free Wi-Fi, creating a welcoming atmosphere. High-quality coffee, pastries, and other menu items contribute to repeat business. Significant growth potential exists through extended hours, delivery services, catering, and targeted marketing. The sale includes all equipment, furnishings, and inventory, making it a turnkey operation. The current lease is a NNN lease with one year remaining. Weekend live music entertainment further enhances the cafe's appeal and attracts a diverse clientele. This is an exceptional opportunity for an experienced cafe owner or an entrepreneur seeking a rewarding venture with a solid foundation and substantial upside. The asking price is $80,000.

    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
    -82.9714
    Latitude
    42.5955

    Comparable in this City

    • Value Estimation by Request
      23,180 SF

      40280-40522 Hayes Rd

      Office space • 23,180 SF
      40280-40522 Hayes Rd, Clinton Township, MI 48038
      View Details
    • Value Estimation by Request
      34.13 Acres

      15855 19th Mile Rd

      COMMERCIAL (GENERAL) • 34.13 Acres
      15855 19th Mile Rd, Clinton Township, MI 48038-3504
      View Details
    • Value Estimation by Request
      5.42 Acres

      15731 19th Mile Rd

      COMMERCIAL (GENERAL) • 5.42 Acres
      15731 19th Mile Rd, Clinton Township, MI 48038-6315
      View Details
    • Value Estimation by Request
      4.72 Acres

      15894 19th Mile Rd

      COMMERCIAL (GENERAL) • 4.72 Acres
      15894 19th Mile Rd, Clinton Township, MI 48038-3548
      View Details
    • Value Estimation by Request
      122.50 Acres

      44821 Bayview Ave

      COMMERCIAL (GENERAL) • 122.50 Acres
      44821 Bayview Ave, Clinton Township, MI 48038-6211
      View Details
    • Value Estimation by Request
      44.65 Acres

      44821 Bayview Ave

      COMMERCIAL (GENERAL) • 44.65 Acres
      44821 Bayview Ave, Clinton Township, MI 48038-6211
      View Details

    Similar Nearby for Sale

    • $3,700,000
      1.46 Acres

      Hall Road Commercial Land

      Prime Hall Road location, build-to-suit opportunity.
      20560 Hall Rd, Clinton Township, MI 48038
      View Details
    • Contact for pricing
      2.20 Acres

      Clinton Twp Commercial Land - Walmart Outlot

      2.2-acre commercial lot, high traffic, B-4 zoning
      18400 Hall Rd, Clinton Township, MI 48038
      View Details
    • Contact for pricing
      1.50 Acres

      Clinton Twp Retail Development Opportunity

      New Storefronts & Drive-Thru Spaces Available
      19 Mile & Garfield, Clinton Township, MI 48038
      View Details
    • $2,000,000
      7.43 Acres

      Clinton Twp Pad Sites: Prime Location

      7.43 Acres, Multiple Lots, High Traffic
      41241 Garfield Rd, Clinton Township, MI 48038
      View Details
    • $275,000
      1,831 SF

      Spacious Ranch Condo with Updates

      Well-maintained 2-bedroom condo with flexible space and recent updates.
      43120 Creek Ct, Clinton Township, MI 48038
      View Details
    • $89,900

      Turnkey Corned Beef Restaurant

      Thriving carryout restaurant specializing in corned beef for sale.
      21300 Hall Rd, Clinton Township, MI 48038
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      27,852 SF

      Cambridge Park Retail Space

      Clinton Twp retail space, high visibility
      15311 17 Mile Rd, Clinton Township, MI 48038
      View Details
    • $12 SF/Yr
      15,560 SF

      Prima Professional Building: Clinton Twp Office Space

      Modern Office Suites, 1,705+ sq ft available
      39425 Garfield Rd, Clinton Township, MI 48038
      View Details
    • Contact for pricing

      Clinton Township Commercial Property

      Commercial property available for rent in Clinton Township, Michigan.
      43211 Dalcoma Dr, Clinton Township, MI 48038
      View Details
    • $5,200 /Mo

      Retail Space in Well-Maintained Plaza

      Professionally managed retail space available for lease.
      41660 Garfield Rd, Clinton Township, MI 48038
      View Details
    • $7 SF/Yr
      15,018 SF

      Dalcoma Drive Medical/Office Space

      Medical or office space available near Henry Ford Macomb Hospital.
      43171 Dalcoma Dr, Clinton Township, MI 48038
      View Details
    • $19 SF/Yr
      60,440 SF

      River Ridge Corporate Center Suites

      Class A Office Space in Clinton Twp, MI
      19176 Hall Rd, Clinton Township, MI 48038
      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.
    40740 Hayes Rd
    Clinton Township, MI 48038
    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

    Google sign-in failed. Please try again or use another login method.