2388 Cole St Birmingham, MI 48009-7021
Property profile & analytics
2388 Cole St Birmingham, MI 48009-7021
- Super regional malls
- 16,044 SF
- 0.50 lot acres
Property ID
US43-5266460
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Super regional malls
Property Details for 2388 Cole St
- Year built
- 1962
- Lot size
- 0.50 lot acres
- Property size
- 16,044 SF
- Zone code
- II
- Property type
- Super regional malls
- Property subtype
- Shopping centers
- APN
- 08-20-31-402-002
- APU
- 82031402002
Description
This exceptional 5,030 square foot commercial space, located at 2388 Cole Street in Oakland County's vibrant Rail District, presents a unique investment opportunity. The property is a single-tenant building offering a flexible layout ideal for various uses, including traditional, medical, creative, or executive office space, as well as retail. The building's total square footage is 20,062 square feet, with 5,030 square feet currently vacant and ready for immediate occupancy. The vacant space is strategically divided across two floors: a first-floor area of 850 square feet and a larger second-floor area of 4,180 square feet. Previously occupied by a salon, the space boasts a modern, industrial aesthetic featuring open ceilings, providing a blank canvas for customization to suit a wide range of business needs. The Rail District itself is a dynamic and revitalized area in the heart of Birmingham, blending historic charm with contemporary appeal, making it an attractive location for businesses seeking a blend of character and modern amenities. This property offers a rare opportunity to establish a presence in a thriving and sought-after neighborhood. The property type is listed as Retail and Office.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $6,365,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,035,000
- 6.5%
- $3,725,000
- 7%
- $3,460,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Birmingham
- County
- Oakland
- State
- Michigan
- Longitude
- -83.191
- Latitude
- 42.5401
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$43,738
$0.00
$0.00
$840,280
-
$0.00
$0.00
$1,680,560
