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    Property profile & analytics

    2485 Coolidge Hwy Berkley, MI 48072-2099

    • Turn key restaurants
    • 7,310 SF
    • 0.87 lot acres
    OFF-MARKET
    Value Estimation
    $945,000
    Last Sale
    Jul 08, 2021
    $925,000
    Location Intelligence
    Property ID
    US43-1116053
    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.

    Current Use by Public Records

    • Poke Poke - Sushi Unrolled / Sushi Takeaway / Poke Bar
    • Pita Way - Berkley Mediterranean / Mediterranean Restaurant
    • HealthQuest Physical Therapy - Berkley / Physical Therapy Clinic
    • Aqua-Tots Swim Schools Berkley / Swim Club / Swimming Facility

    Property Details for 2485 Coolidge Hwy

    Year built
    1974
    Lot size
    0.87 lot acres
    Property size
    7,310 SF
    Zone code
    BI
    Property type
    Turn key restaurants
    APN
    04-25-18-427-035
    APU
    42518427035

    Description

    This exceptional retail opportunity presents 11,690 square feet of newly constructed space in a vibrant Berkley, Michigan shopping center located at 2485-2523 Coolidge Hwy. The property sits on a 0.87-acre lot and is zoned for Retail-Commercial use within Oakland County. Multiple tenancies are available, with a minimum divisible space of 1,250 square feet and a maximum contiguous space of 2,800 square feet. Currently, 4,050 square feet is vacant and ready for immediate occupancy. A highly desirable end-cap unit is available, boasting a significant advantage with its own 700 square foot patio. This space offers excellent visibility and accessibility, perfectly situated alongside the new Aqua-tots Swim Schools development. The estimated delivery date for this prime retail location is between the fourth quarter of 2021 and the first quarter of 2022. This is an unparalleled chance to establish a thriving business in a rapidly growing area. Don't miss this opportunity to secure your ideal retail space in this dynamic new development.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $970,000

    • CAP approach

      CAP return
      Estimation
      6%
      $830,000
      6.5%
      $910,000
      7%
      $950,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $905,000
      Geo Method
      $845,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $970,000
      Retail
      $745,000
      Mixed-Use
      $750,000
      Hospitality
      $955,000
      Educational
      $895,000
      Residential Income
      $935,000
      Energy
      $760,000
      Income-Based Land
      $890,000
      Food Service
      $755,000

    Location Insight

    • Map
    • Local Demand
    City
    Berkley
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1841
    Latitude
    42.4951
    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
    2020
    $19,260
    $0.00
    $0.00
    $361,220
    -
    $0.00
    $0.00
    $722,440

    Comparable in this City

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      3312 12th Mile Rd

      RESTAURANT • 701 SF
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      601 SF

      2415 Coolidge Hwy

      RESTAURANT • 601 SF
      2415 Coolidge Hwy, Berkley, MI 48072-1571
      View Details
    • Value Estimation
      $525,000
      3,360 SF

      2959 12th Mile Rd

      RESTAURANT • 3,360 SF
      2959 12th Mile Rd, Berkley, MI 48072-1413
      View Details

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    2485 Coolidge Hwy
    Berkley, MI 48072-2099
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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