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    FOR LEASE
    Day care centers

    16247 Hamilton Ave, Highland Park, MI 48203

    3,772 SF 0.16 ac lot Built 1936
    Trust Owned Absentee Owner Free & Clear
    Property ID
    US43-1632192
    Property summary
    AI-generated overview

    This 3,772 square foot, single-tenant, freestanding building at 16247 Hamilton Ave in Highland Park, MI, presents a unique investment opportunity. Built in 1936, this Class C property sits on a 6,970 square foot lot and offers significant potential for a variety of uses. Currently vacant, the building is zoned for mixed use, making it ideal for retail, office, or other commercial ventures. The property's location is highly advantageous, situated on Hamilton Ave between Hamilton Ave & Puritan Ave, just west of Woodward Ave and south of McNichols Rd. This prime location provides immediate access to major freeways including M-10/The Lodge Freeway and Davison Freeway, with I-75 also conveniently nearby. The building's proximity to downtown Detroit further enhances its appeal. The property's versatility allows for diverse uses such as a daycare center, restaurant, office space, workshop, showroom, kennel, trade school, studio, or community center. An adjacent property at 16253 Hamilton Ave (2,040 SF) is also available for purchase or lease, offering a combined total of 5,812 square feet for larger-scale operations. This is a rare opportunity to acquire a well-located, adaptable building in a growing submarket.

    Property profile
    Verified
    Property type Day care centers
    Use group DAY CARE, PRE-SCHOOL
    Year built 1936
    Total area 3,772 SF
    Lot 0.16 ac (6,970 SF)
    APN 43 004 03 0005 003
    UPID US43-1632192
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Namni Family Trust
    Namni Family Trust
    since 2025
    Last sale
    $12,000
    2 recorded transactions
    2025
    $21,000
    2021
    $12,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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