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Property profile & analytics
OFF-MARKET Estimated value $830,000
Office buildings

23300 Greenfield Rd Oak Park, MI 48237-5237

30,778 SF 0.91 ac lot Built 1967
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-5179752
Property summary
AI-generated overview

This exceptional 10,000 square foot retail space is available for lease at 23300 Greenfield Road in Oak Park, Michigan. Situated on a 0.91-acre lot in Oakland County, this single-tenant property presents a fantastic opportunity for businesses seeking a prominent location. The entire building is currently vacant, offering a blank canvas for a new tenant to customize the space to their exact specifications. The property's address is highly visible along Greenfield Road, ensuring excellent exposure to a substantial volume of daily traffic. The convenient location within Oak Park provides easy access to major roadways and a diverse customer base. This property is ideal for a variety of retail uses, offering ample space for display, inventory, and customer service areas. The building's size and layout provide flexibility for businesses of various scales. The 0.91-acre lot provides ample parking and potential for future expansion. This is a rare opportunity to secure a substantial retail space in a prime Oak Park location. The property is zoned for commercial use and is ready for immediate occupancy. Interested parties are encouraged to inquire promptly to schedule a viewing and discuss lease terms. The zip code for this property is 48237.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1967
Total area 30,778 SF
Lot 0.91 ac (39,640 SF)
Zoning code O
APN 52-25-30-351-019
UPID US43-5179752
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
$1.07M
CAP Approach CAP
by Request
Comparable Approach Comparable
$870k
Blend (final) Blend
$830k
Owner & transaction history
Sast Holdings LLC · 5 yrs held
Sast Holdings LLC
since 2021
Last sale
$800,000
6 recorded transactions
2021
$800,000
2003
Price N/A
2001
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
O · Oak Park, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

y residential dwelling district R-2 Two-family residential dwelling district RM-1 Multi-family residential district RM-2 Multi-family residential district B-1 Neighborhood business district B-2 General business district O Office building district PTRED Planned technical, research, education development district PCD Planned corridor development district MX-1…

Zone name Office Building
General category UNKNOWN
Zone area 8.40 ac
Source code of ordinances
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