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Property profile & analytics
OFF-MARKET Estimated value $1,525,000
Office buildings

23100 Coolidge Hwy Oak Park, MI 48237-2070

33,834 SF 2.35 ac lot Built 1956
Individually Owned Absentee Owner ~ Est. High Equity
Property ID
US43-1268549
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1956
Total area 33,834 SF
Lot 2.35 ac (102,366 SF)
Zoning code B-2
APN 52-25-29-354-001
UPID US43-1268549
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
$1.86M
Blend (final) Blend
$1.53M
Owner & transaction history
Park Coolidge
Park Coolidge
2 recorded transactions
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B-2 · Oak Park, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

business districts. B-2 uses are generally characterized by an integrated or planned cluster of establishments served by a common parking lot. c. O office. The O districts are intended to accommodate uses such as offices, banks, personal services, and a limited amount of retail. The O districts can serve as a transition between residential uses and more inte…

Zone name General Business
General category COMMERCIAL
Zone area 72.74 ac
Source code of ordinances
Top alternative use upside
Retail stores $2.3M +32.6%
Medical building $2.1M +20.9%
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