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

    • Retail properties
    • 22,236 SF
    For Lease
    View listing
    $12 SF/Yr
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 1529-1575 Un Lk Rd

    Property size
    22,236 SF
    Property type
    Retail properties

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Commerce Charter Township
    County
    Oakland
    State
    Michigan
    Longitude
    -83.4464
    Latitude
    42.6139

    Comparable in this City

    • Value Estimation by Request
      27,711 SF

      8350 Richardson Ave

      Medical offices • 27,711 SF
      8350 Richardson Ave, Commerce Charter Township, MI 48382
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    • Value Estimation by Request
      5,500 SF

      8880-8884 Commerce Rd

      Medical space • 5,500 SF
      8880-8884 Commerce Rd, Commerce Charter Township, MI 48382
      View Details
    • Value Estimation by Request
      3,936 SF

      3005 Un Lk Rd

      GROCERY, SUPERMARKET • 3,936 SF
      3005 Un Lk Rd, Commerce Township, MI 48382-4546
      View Details
    • Value Estimation by Request
      66,154 SF

      2733 Un Lk Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 66,154 SF
      2733 Un Lk Rd, Commerce Township, MI 48382-3561
      View Details
    • Value Estimation by Request
      3,058 SF

      2490 Un Lk Rd

      AUTO REPAIR, GARAGE • 3,058 SF
      2490 Un Lk Rd, Commerce Township, MI 48382-3551
      View Details
    • Value Estimation by Request
      2,720 SF

      3271 Un Lk Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,720 SF
      3271 Un Lk Rd, Commerce Township, MI 48382-4582
      View Details

    Similar Nearby for Sale

    • $475,000
      3,562 SF

      Commerce Twp Convenience Store

      High-traffic location, turnkey operation
      2515 Un Lk Rd, Commerce Charter Township, MI 48382
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    • $475,000
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      Union Lake Commercial Property Available

      Well-maintained commercial property in high-traffic Union Lake location.
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      Prime 0.61-acre lot, redevelopment potential.
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    • $5,000,000
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      Commerce Twp Commercial Land

      15.68 Acres, B-2 Zoning, Prime Location
      and Richardson Un Lk, Commerce Charter Township, MI 48382
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    • $310,000
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      Spacious Homesite in Commerce Township

      Premier 2.8-acre lot for custom home in Commerce Twp.
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    • $400,000
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      Updated Office Space For Sale

      Updated 1,100 SF office space with excellent visibility.
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    Similar Nearby for Lease

    • Contact for pricing
      27,711 SF

      Pine Cove Plaza: Medical Office Space

      Commerce Twp Medical Office Suites Available
      8350 Richardson Ave, Commerce Charter Township, MI 48382
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    • $12 SF/Yr
      22,236 SF

      R&M Plaza: Commerce Twp Retail Space

      High-traffic retail/office space, newly renovated.
      1529-1575 Un Lk Rd, Commerce Charter Township, MI 48382
      View Details
    • $15 SF/Yr
      3,562 SF

      Union Lake Road Retail Space

      Prime Commerce Twp retail, 3,562 SF.
      2515 Un Lk Rd, Commerce Charter Township, MI 48382
      View Details
    • $19 SF/Yr
      1,052 SF

      Medical Building on Union Lake

      Professionally managed medical building in a growing community.
      8391 Commerce Rd, Commerce Township, MI 48382
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    • $3,438 /Mo

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      Recently updated office/medical space with ample parking.
      3133 Flr Full, Commerce Township, MI 48382
      View Details
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    Commerce Charter Township, MI 48382
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    Realmo Value Estimation

    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.

    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.

    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
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