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Property profile & analytics
OFF-MARKET Estimated value $435,000
Strip malls

25254 Greenfield Rd Oak Park, MI 48237-4032

12,000 SF 0.71 ac lot Built 1960
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-1325094
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1960
Total area 12,000 SF
Lot 0.71 ac (30,971 SF)
Zoning code B-2
APN 52-25-19-351-045
UPID US43-1325094
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$435k
CAP Approach CAP
by Request
Comparable Approach Comparable
$516k
Blend (final) Blend
$435k
Owner & transaction history
Oak Park Shopping Center LLC · 8 yrs held
Oak Park Shopping Center LLC
since 2018
2 recorded transactions
2018
$2.1M
2009
Price N/A
Zoning & alternative use
B-2 · Oak Park, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

business districts. B-2 uses are generally characterized by an integrated or planned cluster of establishments served by a common parking lot. c. O office. The O districts are intended to accommodate uses such as offices, banks, personal services, and a limited amount of retail. The O districts can serve as a transition between residential uses and more inte…

Zone name General Business
General category COMMERCIAL
Zone area 72.74 ac
Source code of ordinances
Top alternative use upside
Industrial (general) $990,000 +9.0%
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