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Property profile & analytics
OFF-MARKET Estimated value $515,000
Retail space

25591 Coolidge Hwy Oak Park, MI 48237-1306

4,620 SF 0.14 ac lot Built 1960
Entity Owned 11-yr Hold Absentee Owner Free & Clear
Property ID
US43-1395007
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Total area 4,620 SF
Lot 0.14 ac (6,098 SF)
Zoning code B-1
APN 52-25-19-427-028
UPID US43-1395007
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$330k
Blend (final) Blend
$515k
Owner & transaction history
Acme Equities LLC · 11 yrs held
Acme Equities LLC
since 2015
1 recorded transaction
2015
Price N/A
Zoning & alternative use
B-1 · Oak Park, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

B-1 neighborhood business. The B-1 neighborhood business districts are intended to meet the day-to-day convenience shopping and service needs of persons residing in nearby residential areas. b. B-2 general business. The B-2 general business districts are intended to accommodate more intensive businesses that cater to a larger consumer market than those typic…

Zone name Neighborhood Business
General category COMMERCIAL
Zone area 10.36 ac
Source code of ordinances
Top alternative use upside
Commercial (general) $420,000 +32.1%
Neighborhood: shopping center $350,000 +9.7%
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