32905 Ft Rd, Rockwood, MI 48173-1112
This exceptional 11,181-square-foot freestanding retail building presents a unique investment opportunity in Rockwood, Michigan. Situated on a highly visible 2-acre corner lot with two convenient points of ingress/egress and a prominent monument sign, this single-tenant property boasts excellent visibility and accessibility. The building is currently vacant, offering a blank canvas for a variety of retail uses. Located in a thriving neighborhood community, the property benefits from a strong demographic profile, with over 3,500 people residing within a one-mile radius and boasting an average household income exceeding $100,000. Daily traffic counts of approximately 8,513 vehicles ensure high exposure. The strategic location offers easy access to I-75, a major north/south freeway, connecting the property to a wider regional market. Furthermore, the property's proximity to Woodhaven, just 6 miles north, provides access to a robust retail environment anchored by big-box retailers such as Target, Meijer, Lowe's, The Home Depot, and Walmart, as well as a significant Ford Motor Company plant. This property is ideally suited for a variety of retail concepts seeking a high-traffic location in a strong demographic area within the downriver Detroit community of Southeastern Wayne County. The property is located at 32905 Fort Rd, Rockwood, MI 48173.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.