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Property profile & analytics
FOR SALE
Office buildings

24053 Jefferson Ave St Clair Shores, MI 48080

2,145 SF 0.16 ac lot Built 1983
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US43-5208061
Property summary
AI-generated overview

This exceptional 2,200 square foot free-standing office building, located at 24053 Jefferson Ave in St. Clair Shores, Michigan (48080), presents a compelling owner-user or investment opportunity. Built in 1983, this Class B property sits on a 0.158-acre lot (APN: 09.14.27.478.047) and boasts a desirable location in the Nautical Mile district. The single-story building features a well-designed layout including five large executive offices, two conference rooms, an open clerical area, a kitchenette, and a restroom. Currently 100% occupied with existing tenants who may be interested in leasing back a portion of the space, this move-in ready property offers immediate income potential. The building is zoned CLD and is suitable for law and general office use. The asking price is $300,000, translating to a land value of $136.36 per square foot. This is a rare opportunity to acquire a well-maintained, multi-tenant office building in a prime location.

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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Berschback Berschback Ethridge Law Firm
  • Casterline Law Offices Law Firm
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
24053 Jefferson Ave LLC · 4 yrs held
24053 Jefferson Ave LLC
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
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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