23725 John R Rd, Hazel Park, MI 48030-1412
This exceptional 1,534-square-foot free-standing retail building is located in Hazel Park's vibrant Culinary District, offering a prime opportunity for a restaurant or retail business. Situated on a 0.25-acre lot at the corner of John R Road and a cross street north of 9 Mile, this Class B property boasts excellent visibility and accessibility. The building underwent a complete façade renovation in 2023, presenting a modern and attractive storefront. Ample parking is available with 18 spaces. The property is zoned LB (Local Business) and offers significant signage opportunities, capitalizing on its high-traffic location. Its proximity to popular establishments like Mabel Gray and FRAMEbar provides immediate access to a thriving customer base. The single-story building presents a unique opportunity for expansion, potentially including an outdoor patio, further enhancing its appeal. Convenient access to major roadways, including I-696 and I-75, ensures easy accessibility for both customers and employees. This property is in Oakland County, Michigan, with the APN 2526433033. The building is currently vacant, providing a blank canvas for your business vision.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BI · Hazel Park, MIHazel Park. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.