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Property profile & analytics

28905 John R Rd Madison Heights, MI 48071

  • Super regional malls
  • 9,815 SF
  • 0.69 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-1818221
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

  • Madison Beverage / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
  • Western Union / Bank / Credit Union

Property Details for 28905 John R Rd

Year built
1960
Lot size
0.69 lot acres
Property size
9,815 SF
Zone code
B-3 GEN
Property type
Super regional malls
APN
44-25-14-229-010
APU
442514229010

Description

This exceptional retail opportunity presents a 2,000 square foot end-cap space ideally situated at the high-traffic corner of John R Road and Twelve Mile Road. The property is classified as a retail space with multiple tenancy options. The building itself does not have a listed total square footage. This end-cap unit offers unparalleled visibility and accessibility for businesses seeking a prominent location. The high volume of traffic on both John R Road and Twelve Mile Road ensures significant exposure to potential customers. This makes it an excellent choice for a variety of retail ventures, from restaurants and boutiques to service-oriented businesses. The space is currently available for lease and presents a unique chance to establish a thriving business in a bustling commercial area. Interested parties are encouraged to inquire promptly to secure this prime retail location. The address is 28905-28941 John R Road, offering easy access and excellent visibility for any business. The space's end-cap position provides additional advantages, including increased signage opportunities and enhanced customer accessibility. This is a rare opportunity to secure a highly visible and desirable retail space in a thriving commercial area. The property's location at a major intersection guarantees high foot traffic and excellent visibility, making it an ideal location for a variety of businesses. Don't miss this chance to establish your business in a prime location.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $834,000
    Market price range: $548k - $1.36M
    AI Estimate
    $410,000
    Market price range: $231k - $697k
  • Alternative Use

    Use
    Estimation
    NEIGHBORHOOD: SHOPPING CENTER
    $915,000
    Current use
    WAREHOUSE, STORAGE
    $800,000
    Change: -12% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Madison Heights
County
Oakland
State
Michigan
Longitude
-83.1062
Latitude
42.504
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
2023
$16,712
$0.00
$0.00
$397,650
-
$0.00
$0.00
$795,300
More about this property
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