31215 Jefferson Ave Saint Clair Shores, MI 48082-1301
- Office buildings
- 2,745 SF
- 0.19 lot acres
Current Use by Public Records
- Cindrich Mahalak & Co / Accountant
Property Details for 31215 Jefferson Ave
- Year built
- 1978
- Lot size
- 0.19 lot acres
- Property size
- 2,745 SF
- Zone code
- B-1
- Property type
- Office buildings
- APN
- 09-14-11-204-019
- APU
- 91411204019
Description
This exceptional 6,475 square foot traditional office building, located at 31215-31225 Jefferson Avenue in St. Clair Shores, Michigan, presents a compelling investment or owner-user opportunity. The property, situated on a 0.49-acre lot (including an additional 0.15 acres), boasts a prime location with prominent monument signage on Jefferson Avenue. Built in 1965 and extensively renovated in 2023, the building offers modern amenities and functionality within a well-established commercial area. The property is zoned B-1, providing flexibility for a variety of business uses. With a total square footage of 6,475 square feet, the asking price is $575,000, translating to $88.80 per square foot. This meticulously maintained property is ready for immediate occupancy, offering a blend of classic charm and contemporary upgrades. The recent renovations ensure a move-in ready condition, minimizing upfront capital expenditures for the new owner. The ample lot size provides ample parking and potential for future expansion. This is an ideal opportunity for businesses seeking a high-visibility location in a thriving community. The combination of location, size, recent renovations, and zoning makes this a highly desirable property.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $85,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $65,000
- 6.5%
- $70,000
- 7%
- $70,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $65,000
- Geo Method
- $65,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $55,000
- Retail
- $70,000
- Mixed-Use
- $55,000
- Hospitality
- $70,000
- Educational
- $60,000
- Residential Income
- $70,000
- Energy
- $70,000
- Income-Based Land
- $70,000
- Food Service
- $55,000
Location Insight
- Map
- Local Demand
- City
- Saint Clair Shores
- County
- Macomb
- State
- Michigan
- Longitude
- -82.8773
- Latitude
- 42.5219
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA