18585 Allen Rd, Melvindale, MI 48122-1515
This exceptional commercial property, located at 18585 Allen Road in the heart of Melvindale, Michigan, presents a fantastic investment opportunity. The building offers approximately 3000 square feet of versatile commercial space, ideally suited for a variety of businesses. The layout is designed with two distinct spaces, providing flexibility for multiple tenants or a single occupant requiring separate areas. This allows for diverse operational needs and potential for increased revenue streams. A significant advantage is the ample parking available on-site, ensuring convenient access for customers and employees. The property sits on a 0.18-acre lot, providing sufficient space for the building and parking area. The asking price for this well-situated commercial building is $279,900. This represents a compelling opportunity to acquire a substantial commercial property in a thriving Melvindale location. The building's size and layout, combined with the ample parking, make it an attractive option for businesses seeking a prominent presence in this dynamic area. Its strategic location within Melvindale offers excellent visibility and accessibility, making it an ideal choice for a wide range of commercial ventures. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Don't miss this chance to own a valuable piece of Melvindale's commercial landscape.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R1 1 FA · Melvindale, MIMelvindale. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.