Property summary
This exceptional 13,802-square-foot freestanding retail building, formerly a Walgreens, presents a unique investment opportunity in Oak Park, Michigan. Located at 13550 W Nine Mile Rd, this single-tenant property boasts a convenient drive-thru and sits on a 1-2 acre lot in a mixed-use downtown zoning area. Constructed in 2000, the building is vacant and offers a net lease opportunity with zero remaining lease term. The property enjoys a prime location at the intersection of Coolidge and 9… Mile Roads, a signalized hard corner with excellent ingress and egress, and benefits from exceptionally high traffic counts exceeding 44,875 vehicles per day. This location is strategically positioned just 1.3 miles west of Ascension Hospital, a 568-bed facility. The surrounding area features a strong concentration of national retailers, including a 24-hour CVS, Family Dollar, Dollar Tree, Tim Hortons, O'Reilly Auto Parts, Citizens Bank, and Valvoline, ensuring high visibility and foot traffic. Furthermore, the property benefits from exceptional demographics, with an average household income exceeding $76,610 and a population of over 367,628 within a 5-mile radius. This presents a compelling opportunity for a variety of retail uses. The property's size, location, and existing infrastructure make it an ideal candidate for redevelopment or repositioning.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 16 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 13,802 SF
- Lot area
- 1 ac
- Year built
- 2000
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- NOI Potential
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- Alternative use
- Local Zoning Insight
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- 300 reports a month
- Ownership
- Owner Contacts
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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