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Property profile & analytics
FOR LEASE
Office buildings

16630 Southfield Rd Allen Allen Park, MI 48101

637,176 SF 39.11 ac lot Built 1957
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-0404982
Property summary
AI-generated overview

This exceptional 16,000 square foot retail strip center in Allen Park, Michigan, presents a unique investment opportunity. Located at 16630 Southfield Road, in the Southern Wayne submarket of Wayne County, this property sits on a generous 5-acre lot and offers flexible space options. The entire 16,000 square feet is currently vacant, providing a blank canvas for a single large tenant or the potential for multiple smaller tenants. Minimum divisible space is 3,000 square feet, allowing for adaptability to various business needs. The property's zoning allows for both retail and restaurant uses, making it ideal for a diverse range of businesses. Its strategic location in Allen Park, Michigan, offers excellent visibility and accessibility, ensuring high foot traffic and potential for strong returns. The property is zoned to accommodate a variety of retail and restaurant concepts, making it a highly versatile investment. With its ample space and prime location, this property represents a significant opportunity for growth and profitability in a thriving market. The entire center is available for lease, offering a rare chance to establish a substantial presence in a desirable area. Contact us today to learn more about this exceptional retail investment opportunity.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1957
Total area 637,176 SF
Lot 39.11 ac (1,703,632 SF)
Zoning code C 6C
APN 30 001 01 0003 300
UPID US43-0404982
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
Current use
Occupant on record · Public records
  • Ford Vehicle Evaluation and Verification Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$34.65M
Blend (final) Blend
$34.65M
Owner & transaction history
Allen Park Industrial LP · 8 yrs held
Allen Park Industrial LP
since 2017
2 recorded transactions
2017
Price N/A
2009
$24.8M
Zoning & alternative use
C 6C · Allen Park, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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