20521 15 Mile RdClinton Township, MI 48035

Property Details for 20521 15 Mile Rd

Year built

1968

Lot size

0.60 AC

Property size (Sq ft)

2,400 SF

Zone code

B-2

Property type

Retail properties

Property subtype

Retail space

APN

16-11-28-480-028

APU

161128480028

Description

Park Plaza, a recently renovated retail strip center in Clinton Township, Michigan, offers three available commercial spaces totaling 4,200 square feet. Located at 20521 15 Mile Road, between Groesbeck Highway and Gratiot Avenue, this B2-zoned property boasts ample parking and multiple curb cuts for convenient access. Each suite is divisible, with a minimum of 900 square feet and a maximum contiguous space of 2,400 square feet. The property benefits from prominent pylon signage, enhancing visibility for tenants. Its strategic location is surrounded by a high-density residential area and is just one block from Clintondale High School, ensuring a consistent flow of potential customers. The entire 4,200 square foot building is currently vacant, presenting a unique opportunity for businesses seeking high-traffic retail space in a thriving community. The property is situated in Macomb County, Michigan, with a zip code of 48035. This prime location offers excellent visibility and accessibility, making it an ideal choice for a variety of retail businesses. The ample parking ensures convenient access for customers and employees alike.

• CAP approach

  CAP return

  Valuation

  6%

  $733,772

  6.5%

  $677,328

  7%

  $628,948

• Comparable approach

  Method

  Valuation

  Relative Method

  $565,730

  Geo Method

  $565,730

• Alternative Use

  Use

  Valuation

  Residential

  $571,352

  Hospitality

  $523,355

  Educational

  $435,425

  Medical

  $450,400

  Retail

  $677,328

Location Insight

City

Clinton Township

County

Macomb

State

Michigan

Latitude

42.555

Longitude

-82.9122

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.