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    OFF-MARKET
    Retail properties & Spaces

    1321-1325 14 Mile Rd, Madison Heights, MI 48071

    5,855 SF Built 1976
    Property ID
    Property summary
    AI-generated overview

    Invest in this exceptional 5,855 square foot, single-story building located in the thriving Madison Heights market. Recently renovated in 2022, this property boasts a completely updated façade, parking lot, and interior. Two spaces are currently available, ranging from 1,910 to 4,024 contiguous square feet, perfect for a variety of uses. The B-3 General Business zoning allows for retail, office, and medical office tenants. This prime location on the south side of West 14 Mile Road, just west of Stephen Highway and I-75, benefits from high visibility and exceptional traffic counts, with over 42,000 vehicles passing daily. The property is conveniently situated near Oakland Mall and I-75 access ramps, ensuring easy access for both employees and customers. A strong existing tenant, Dunkin', is already established, adding to the property's appeal. The building offers ample parking with 33 spaces. With over 307,000 people residing within a five-mile radius, this property presents a unique opportunity to establish a successful business in a high-traffic, densely populated area. Built in 1976 and extensively renovated, this property offers a blend of established infrastructure and modern amenities. This is a rare opportunity to secure a well-located, versatile space in a rapidly growing market.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1976
    Total area 5,855 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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