Property profile

18711 15 Mile Rd Clinton Township, MI 48035

FOR SALE
Commercial real estate
Property ID
US43-1318128
1.68 ac lot Built 1984
Entity Owned 10-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Anna's Plaza, located at 18711 15 Mile Rd in Clinton Township, Michigan, 48035, offers exceptional retail leasing opportunities. This strip center currently has three available spaces totaling 1,200 square feet, with the potential for expansion up to 3,600 square feet. The property is strategically situated in a high-traffic area, providing excellent visibility and accessibility for businesses. A key advantage is the presence of a 7-Eleven as a neighboring tenant, ensuring a steady flow of customers. The property's convenient location in Clinton Township, Michigan, offers easy access to major roadways and a diverse customer base. The available spaces are ideal for a variety of retail uses, providing flexibility for potential tenants. Interested parties are encouraged to inquire about the specific dimensions and configurations of the available spaces to determine their suitability for individual business needs. A potential pad site is also available, offering further expansion possibilities for the right tenant. This presents a unique opportunity to establish a thriving business within a well-established and thriving retail environment. The property's prime location and existing tenant base make it an attractive investment for businesses seeking high visibility and strong customer traffic.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1984
Lot 1.68 ac (73,311 SF)
Zoning code B-3
APN 16-11-28-351-011
UPID US43-1318128

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

18711 15 Mile Rd Clinton Township, MI 48035
Clinton Township metro Census 241300 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$640k

Owner & transaction history

since 2016
2 recorded transactions
2016
$687,380
2015
Price N/A

Zoning & alternative use

B-3 · Clinton Township, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message