19601 Vernier Rd, Harper Woods, MI 48225
This exceptional 3,230 square foot retail property, located at 19601 Vernier Rd in Harper Woods, Michigan, presents a compelling investment opportunity. Priced at $699,000 ($216.41/SF), this vacant building offers significant potential for a variety of commercial uses. Previously a bank branch, the property boasts a convenient drive-thru and ample parking with over 20 spaces. The 0.6-acre lot provides excellent visibility, featuring 175 feet of frontage on Vernier Road, ensuring high traffic exposure. Its strategic location offers quick access to the I-94 Expressway, enhancing accessibility for both customers and employees. The property benefits from its proximity to the newly developed Eastland Commerce Center, a significant economic driver in the area. The building is zoned for General Commercial use, providing flexibility for diverse business ventures. This freestanding building presents a rare opportunity to capitalize on a prime location and strong surrounding commercial development. The property is available for a NNN lease. This is an ideal investment for those seeking a high-visibility location with excellent access and ample parking in a thriving commercial area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
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.