31301 Harper Ave Saint Clair Shores, MI 48082-2453
- Turn key restaurants
- 5,066 SF
- 0.58 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 31301 Harper Ave
- Year built
- 1980
- Lot size
- 0.58 lot acres
- Property size
- 5,066 SF
- Zone code
- B-2
- Property type
- Turn key restaurants
- APN
- 09-14-03-454-044
- APU
- 91403454044
Description
This 1,493 square foot retail space, newly redeveloped in 2023, is located at 31301 Harper Avenue in Saint Clair Shores, Macomb County, Michigan. The property is zoned B2 (General Business) and offers a single-tenant occupancy. The building boasts ample parking, prominent pylon signage, and convenient access via multiple curb cuts directly from Harper Avenue. This location benefits from high visibility and strong traffic counts, placing it within a thriving retail corridor. Nearby established businesses include major retailers such as Meijer, Kroger, and The Home Depot, ensuring a robust customer base and significant foot traffic. The space is currently vacant and ready for immediate occupancy, presenting a unique opportunity for a retail business seeking a high-impact location in a newly revitalized area. The property's modern design and strategic placement make it an ideal location for a variety of retail uses. This is a chance to establish a presence in a rapidly growing commercial area with excellent visibility and accessibility. The property's single-tenant configuration offers flexibility and control for the occupying business. The ample parking ensures convenient access for customers and employees alike. The pylon signage provides excellent branding opportunities, enhancing visibility and attracting potential customers. This property offers a compelling combination of location, visibility, and modern amenities, making it an exceptional opportunity for a discerning retail tenant.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $830,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $775,000
- 6.5%
- $755,000
- 7%
- $680,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $800,000
- Geo Method
- $640,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $855,000
- Retail
- $750,000
- Mixed-Use
- $815,000
- Hospitality
- $630,000
- Educational
- $825,000
- Residential Income
- $670,000
- Energy
- $730,000
- Income-Based Land
- $725,000
- Food Service
- $825,000
Location Insight
- Map
- Local Demand
- City
- Saint Clair Shores
- County
- Macomb
- State
- Michigan
- Longitude
- -82.8963
- Latitude
- 42.5265
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
