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    OFF-MARKET
    Day care centers

    16253 Hamilton Ave, Highland Park, MI 48203-2657

    2,040 SF 0.06 ac lot Built 1921
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US43-1239044
    Property summary
    AI-generated overview

    This 2,040-square-foot vacant storefront, located at 16253 Hamilton Avenue in Highland Park, Michigan, presents a unique investment opportunity. The property, built in 1921, is a single-story, Class C building situated on a 2,614-square-foot lot (APN: 43-004-03-0005-002). The permitted zoning is mixed-use, allowing for a wide range of retail and office concepts. The landlord will deliver a "white box" space and a new roof as part of the sale. Convenient street parking is available directly in front of the building, with the potential for additional parking nearby. This standalone building enjoys a prime location just west of Woodward Avenue and south of McNichols Road, offering excellent visibility and accessibility. Its central location provides easy access to major freeways, including M-10/The Lodge Freeway, Davison Freeway, and I-75, placing it minutes from downtown Detroit. The property is also conveniently located south of Palmer Park. There is an adjacent 3,772-square-foot building available for sale or lease, offering a combined total of 5,812 square feet for larger-scale operations. The asking price is $100 per square foot.

    Property profile
    Verified
    Property type Day care centers
    Use group DAY CARE, PRE-SCHOOL
    Year built 1921
    Total area 2,040 SF
    Lot 0.06 ac (2,614 SF)
    APN 43 004 03 0005 002
    UPID US43-1239044
    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
    Mission Driven Investments LLC
    Mission Driven Investments LLC
    since 2025
    Last sale
    $12,000
    2 recorded transactions
    2025
    $8,100
    2021
    $12,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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