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Property profile & analytics
OFF-MARKET Estimated value $890,000
Government properties

20851 Hall Rd Macomb, MI 48044-4256

4,180 SF 1.07 ac lot Built 2008
Entity Owned 14-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-1910783
Property summary
AI-generated overview

This exceptional 4,200 square foot retail space, formerly a Chase Bank branch, presents a unique investment opportunity in Macomb County, Michigan. Located at 20851 Hall Rd, Macomb, MI 48044, this single-tenant property sits on a 1.07-acre lot and benefits from its prime location within the bustling Hall Road retail corridor. The building boasts excellent visibility and accessibility, with over 90,000 vehicles passing daily. Its strategic outlot position offers exceptional exposure, situated conveniently near Home Depot and Target. The property includes ample parking with 45 spaces, enhancing customer convenience. Further enhancing its appeal are three drive-thru lanes and a prominent monument sign, providing significant branding opportunities for the future tenant. The entire 4,200 square feet is currently vacant, offering a blank canvas for a variety of retail uses. This property is ideal for businesses seeking high visibility and significant foot traffic in a thriving retail environment. The location's strong demographics and high traffic volume make this a compelling opportunity for a discerning investor or business owner. The property is situated in Macomb County and offers a rare chance to establish a presence in this dynamic retail market.

Property profile
Verified
Property type Government properties
Use group CENTRALLY ASSESSED
Year built 2008
Total area 4,180 SF
Lot 1.07 ac (46,522 SF)
Zoning code C2
APN 20-08-34-300-031
UPID US43-1910783
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
$892k
Blend (final) Blend
$890k
Owner & transaction history
Agree M-59 LLC · 14 yrs held
Agree M-59 LLC
since 2012
2 recorded transactions
2012
Price N/A
1969
Price N/A
Zoning & alternative use
C2 · Macomb, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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