Technical
Financial
Distress signals
Property profile

22150 Greenfield Rd Oak Park, MI 48237

OFF-MARKET
Retail space
Property ID
US43-0778926
5,112 SF 0.8 ac lot Built 2014
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2014
Total area 5,112 SF
Lot 0.8 ac (34,848 SF)
Zoning code B-1
APN 52-25-31-101-010
UPID US43-0778926

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Medical Clinic
  • Medical Clinic Physician
  • Property Management Company
  • Physician Medical Clinic
  • Adult Day Care

Location

22150 Greenfield Rd Oak Park, MI 48237-2578
Oak Park metro Census 171500 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$970k
Comparable Approach Comparable
$580k
Blend (final) Blend
$385k

Owner & transaction history

since 2014
2 recorded transactions
2014
$665,000
2000
Price N/A

Zoning & alternative use

B-1 · Oak Park, MI
Zoning description

B-1 neighborhood business. The B-1 neighborhood business districts are intended to meet the day-to-day convenience shopping and service needs of persons residing in nearby residential areas. b. B-2 general business. The…

General category COMMERCIAL
Top alternative use upside
Apartment house (5+ units) $1.2M +230.5%
Commercial (general) $465,000 +32.1%
Restaurant $465,000 +32.1%

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
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