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Property profile & analytics
OFF-MARKET
Retail space

20507 Mack Ave Grosse Pointe Woods, MI 48236-1654

3,840 SF 0.13 ac lot Built 1957
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-1240267
Property summary
AI-generated overview

This exceptional 3,840 square foot retail space is available for lease at 20507 Mack Avenue in Grosse Pointe Woods, Michigan. Located in Wayne County, this single-tenant property sits on a 0.126-acre lot and is zoned for commercial use. The entire building is currently vacant, presenting a unique opportunity for a business seeking a move-in ready location. The property's address is easily accessible and highly visible along Mack Avenue, offering excellent exposure to potential customers. The building's substantial size provides ample space for a variety of retail uses, allowing for flexible layout and design to suit individual business needs. With its convenient location and significant square footage, this property represents a strong investment opportunity for a discerning tenant seeking a prominent presence in a desirable Grosse Pointe Woods commercial corridor. The property's commercial zoning ensures a wide range of permitted uses, subject to local ordinances. Interested parties are encouraged to conduct their own due diligence to confirm suitability for their intended business operations. The zip code for this property is 48236. This is a single-tenant building, offering a unique opportunity for a business to establish a strong presence in a thriving community. The property's size and location make it an ideal choice for a variety of retail businesses.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1957
Total area 3,840 SF
Lot 0.13 ac (5,663 SF)
Zoning code C
APN 40 007 02 1987 002
UPID US43-1240267
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
by Request
Blend (final) Blend
by Request
Owner & transaction history
20507 Mack LLC · 2 yrs held
20507 Mack LLC
since 2024
2 recorded transactions
2024
Price N/A
2012
Price N/A
Zoning & alternative use
C · Grosse Pointe Woods, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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