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Property profile & analytics
FOR SALE
Retail space
19040 Ecorse Rd, Allen Park, MI 48101
Entity Owned
Absentee Owner
Free & Clear
Property ID
US43-1739028
For Sale
1 / 3
$650,000
19040 Ecorse Rd, Allen Park, MI 48101
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Property summary
AI-generated overview
This exceptional 5,500-square-foot freestanding retail building is ideally situated at 19040 Ecorse Road in Allen Park, Michigan, within Wayne County. The property boasts excellent visibility and accessibility, enjoying a prime location near major thoroughfares such as I-94 and I-75, ensuring high traffic volume and convenient access for customers. The entire 5,500 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. The building offers a single tenancy, eliminating the complexities of multi-tenant management. Ample parking is available with 26 dedicated spaces. The property benefits from its location in a thriving commercial area, surrounded by established businesses including Walmart and Home Depot, creating a synergistic environment and attracting a substantial customer base. Annual property taxes are $2.29 per square foot. This presents a unique opportunity for businesses seeking a high-visibility location with significant space and convenient parking in a bustling commercial district. The property is available for both sale and lease. The address is 19040 Ecorse Rd, Allen Park, MI 48101.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1995
Total area
5,300 SF
Lot
0.52 ac (22,651 SF)
Zoning code
C 4
APN
30 023 03 0339 300
UPID
US43-1739028
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
by Request
Comparable Approach
Comparable
$571k
Blend (final)
Blend
$570k
Owner & transaction history
LWM ECORSE LLC
LWM ECORSE LLC
Zoning & alternative use
C 4 · Allen Park, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$580,000
+29.3%
Restaurant
$550,000
+21.9%
Medical building
$500,000
+10.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Allen Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Allen Park submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$450,000
Current use
COMMERCIAL (GENERAL)
$580,000
Change: +29% · Conversion: Easy
RESTAURANT
$550,000
Change: +22% · Conversion: Easy
MEDICAL BUILDING
$500,000
Change: +11% · Conversion: Difficult
OFFICE BUILDING
$495,000
Change: +10% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$420,000
Change: -6% · Conversion: Moderate
AUTO REPAIR, GARAGE
$380,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$570k
Range $513k – $627k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$108 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$12,794
Tax year 2023
Assessed value
$272,700
Assessed 2024
Previous assessed
$262,600
+3.8% YoY
Effective rate
4.69%
On assessed value
Total market value
$545,400
Applied tax rate
82,020.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1995
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
5,300 SF
Lot
0.52 ac (22,651 SF)
Zoning code
C 4
APN
30 023 03 0339 300
UPID
US43-1739028
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
C 4 · Allen Park, MI
Zoning C 4 · permitted uses
C 4 · Allen Park, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Allen Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$450,000
COMMERCIAL (GENERAL)
Est. value
$580,000
RESTAURANT
Est. value
$550,000
MEDICAL BUILDING
Est. value
$500,000
OFFICE BUILDING
Est. value
$495,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$420,000
AUTO REPAIR, GARAGE
Est. value
$380,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1995
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
LWM ECORSE LLC
Entity
Free & Clear · 0 yrs held
Mailing address
38500 WOODWARD AVE STE #100, BLOOMFIELD HILLS, MI 48304-5048
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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