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Property profile & analytics
FOR SALE
Office buildings

14001 W 11 Mile Rd Oak Park, MI 48237

3,182 SF 0.25 ac lot Built 1956
Entity Owned 27-yr Hold Absentee Owner Free & Clear
Property ID
US43-1104989
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1956
Total area 3,182 SF
Lot 0.25 ac (11,064 SF)
Zoning code B-1
APN 52-25-19-226-013
UPID US43-1104989
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
New Covenant Church Christ · 27 yrs held
New Covenant Church Christ
since 1998
1 recorded transaction
1998
$205,000
Zoning & alternative use
B-1 · Oak Park, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

B-1 neighborhood business. The B-1 neighborhood business districts are intended to meet the day-to-day convenience shopping and service needs of persons residing in nearby residential areas. b. B-2 general business. The B-2 general business districts are intended to accommodate more intensive businesses that cater to a larger consumer market than those typic…

Zone name Neighborhood Business
General category COMMERCIAL
Zone area 10.36 ac
Source code of ordinances
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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