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    10800 Nine Mile Rd Oak Park, MI 48237

    • Retail space
    • 4,976 SF
    • 0.26 lot acres
    For Lease
    View listing
    $13 SF/Yr
    Value Estimation
    $420,000
    Last Sale
    Dec 19, 2022
    $350,000
    Location Intelligence
    Property ID
    US43-0910544
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 10800 Nine Mile Rd

    Year built
    1951
    Lot size
    0.26 lot acres
    Property size
    4,976 SF
    Zone code
    B-1
    Property type
    Retail space
    APN
    52-25-29-451-037
    APU
    522529451037

    Description

    This exceptional 4,967 square foot neighborhood retail center, situated at 10800 W 9 Mile Rd in Oakland County, offers two immediately available retail spaces. The property, built in 1951, is a single-story, Class C strip center zoned B1 Local Business (APN: 25-29-451-037). Two suites are ready for occupancy, measuring 1,460 and 1,600 square feet respectively, with a total of 3,060 square feet currently vacant. The property boasts ample parking with 18 spaces available for customers and tenants. Both suites are delivered in "white-box" condition, providing flexibility for tenant build-outs, and feature newly installed flooring. Highly competitive lease rates are available, with flexible lease terms ranging from 3 to 10 years. This presents a unique opportunity for businesses seeking a well-located retail space with attractive lease terms in a thriving community. The minimum divisible space is 1,460 square feet, while the maximum contiguous space available is 1,600 square feet. This property is ideal for a variety of retail uses.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $480,000

    • CAP approach

      CAP return
      Estimation
      6%
      $400,000
      6.5%
      $420,000
      7%
      $400,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $330,000
      Geo Method
      $335,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $335,000
      Retail
      $420,000
      Mixed-Use
      $410,000
      Hospitality
      $400,000
      Educational
      $360,000
      Residential Income
      $420,000
      Energy
      $320,000
      Income-Based Land
      $390,000
      Food Service
      $375,000

    Location Insight

    • Map
    • Local Demand
    City
    Oak Park
    County
    Oakland
    State
    Michigan
    Longitude
    -83.171
    Latitude
    42.4603
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,667
    $24,200
    $102,600
    $126,800
    -
    $48,400
    $205,200
    $253,600

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      13925 9th Mile Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      13925 9th Mile Rd, Oak Park, MI 48237-2776
      View Details
    • Value Estimation
      $315,000
      4,620 SF

      25591 Coolidge Hwy

      RETAIL STORES (PERSONAL SERVICES) • 4,620 SF
      25591 Coolidge Hwy, Oak Park, MI 48237-1306
      View Details
    • Value Estimation
      $240,000
      1,650 SF

      13621 11th Mile Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,650 SF
      13621 11th Mile Rd, Oak Park, MI 48237-1151
      View Details
    • Value Estimation
      $210,000
      1,000 SF

      15401 9th Mile Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,000 SF
      15401 9th Mile Rd, Oak Park, MI 48237-2516
      View Details
    • Value Estimation
      $280,000
      2,100 SF

      13805 9th Mile Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,100 SF
      13805 9th Mile Rd, Oak Park, MI 48237-2775
      View Details
    • Value Estimation
      $205,000
      3,448 SF

      8220 9th Mile Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,448 SF
      8220 9th Mile Rd, Oak Park, MI 48237-2342
      View Details

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      Oak Park Office Building For Sale

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    Similar Nearby for Lease

    • $2,100 /Mo
      2,880 SF

      Retail/Office Space For Lease

      1,400 SF retail or office space with parking.
      26039 Coolidge Hwy, Oak Park, MI 48237
      View Details
    • $10 SF/Yr
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      21700 Greenfield Rd, Oak Park, MI 48237
      View Details
    • $25,200
      2,645 SF

      Oak Park Retail Space For Lease

      Prime Oak Park storefront, 1,515 sq ft available.
      26001 Coolidge Hwy, Oak Park, MI 48237
      View Details
    • $13 SF/Yr
      4,967 SF

      West 9 Mile Rd Retail Center

      Two Suites Available, Prime Location
      10800 Nine Mile Rd, Oak Park, MI 48237
      View Details
    • Contact for pricing
      10,000 SF

      Greenfield Road Retail Space

      Oak Park, MI: 10,000 SF Retail Space
      23300 Greenfield Rd, Oak Park, MI 48237
      View Details
    • $12 SF/Yr
      33,814 SF

      Coolidge Park Plaza Medical Office

      Oak Park medical office space for lease.
      23100-23300 Coolidge Hwy, Oak Park, MI 48237
      View Details
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    10800 Nine Mile Rd
    Oak Park, MI 48237
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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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