Property profile

24053 Jefferson Ave Saint Clair Shores, MI 48080

OFF-MARKET
Office buildings
Property ID
US43-5208061
2,145 SF 0.16 ac lot Built 1983
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a 2,200 square-foot office building constructed in 1983, located in the Nautical Mile district of Saint Clair Shores. The interior layout includes five executive offices, two conference rooms, an open clerical area, a kitchenette, and one restroom. The building’s configuration allows for the possibility of leasing a portion of the space, and it is suited for office use with a mix of private offices and shared work areas.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1983
Total area 2,145 SF
Lot 0.16 ac (6,882 SF)
Zoning code CLD
APN 09-14-27-478-047
UPID US43-5208061

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
  • Law Firm
  • Law Firm

Location

24053 Jefferson Ave Saint Clair Shores, MI 48080-1530
Saint Clair Shores metro Census 251700 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2022
Last sale
$250,000
3 recorded transactions
2022
$250,000
2021
Price N/A
2006
$238,350

Zoning & alternative use

CLD · Saint Clair Shores, MI
Zoning description

w-Rise). RM-2 Multiple-Family Residential District (High-Rise). O-1 Office-Service District. CR Commercial Recreation. B-1 Local Business District. B-2 Planned Community Business District. B-3 General Business District.…

General category UNKNOWN

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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