24831 John R Rd Hazel Park, MI 48030-1146
This exceptional 1,500 square foot single-tenant office building is ideally situated on John R Road, just south of 10 Mile Road in Oakland County. Its convenient location offers unparalleled visibility and accessibility for businesses seeking a prominent presence. The property is zoned for both office and retail use, providing flexibility for a variety of commercial ventures. The building itself boasts ample parking directly in front, ensuring convenient access for employees and clients. The "Local Business" zoning designation presents an excellent opportunity for a wide range of businesses to thrive in this high-traffic area. The building's size makes it perfect for a small business looking for a dedicated space or a larger business seeking a satellite office. The property's excellent visibility on John R Road guarantees significant exposure to potential customers. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving Oakland County market. The building's single-tenant occupancy offers simplicity and control for the owner. The ample parking further enhances the property's appeal and practicality. This is a turn-key opportunity for a business seeking a ready-to-occupy space with high visibility and convenient access. The property's location and zoning make it a highly desirable asset for both established and emerging businesses. Consider this prime location and the flexibility of the zoning to create a successful business venture.
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, MICosts & 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.