Property profile

1529-1575 Un Lk Rd Commerce Charter Township, MI 48382

OFF-MARKET
Retail properties & Spaces
22,236 SF
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Property summary

AI-generated overview

R&M Plaza, located at 1529-1575 Union Lake Rd in Commerce Charter Township, Michigan (48382), presents a unique opportunity for businesses seeking high-visibility retail or office space. This 22,236 square foot multi-tenant building boasts newly white-boxed spaces, ideal for immediate occupancy and customization. The minimum divisible space is 1,073 square feet, with a maximum contiguous space of 4,429 square feet. Currently, 11,601 square feet are vacant. The property is zoned B-3 – General Business (APN: 1701226022, Oakland County). Situated at a stoplight intersection on Union Lake Road, with convenient access to Cooley Lake Road, R&M Plaza benefits from exceptional visibility and high traffic counts, totaling 45,000 vehicles daily. The ample parking available further enhances the convenience and appeal of this location. Bakery spaces are also available within the building. This mixed-use property offers a prime location for businesses seeking exposure to a large customer base in a thriving commercial area.

Property profile

Verified
Property type Retail properties & Spaces
Total area 22,236 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1529-1575 Un Lk Rd Commerce Charter Township, MI 48382
Commerce Charter Township metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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