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    7505 Grafton Rd Newport, MI 48166

    For Lease
    $10 SF/Yr ($1,291 /Mo)

    Commercial/Industrial - Newport, MI

    Property size:
    1,550 SF
    Lot size:
    8.90 Acres
    Days on Market:
    444
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 7505 Grafton Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    07 009 052 00
    Parking features
    Parking Lot
    Interior features
    ADA Accessible, Restroom(s)
    Exterior features
    Ada Accessible
    Accessibility
    Accessible Approach with Ramp
    Size
    1,550 SF
    Lot size
    8.90 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1992
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    Coldwell Banker Haynes Real Estate, Inc. (734) 242-8484 [email protected]

    Listing agent Cole McNew (734) 242-8484 License #6501447424

    Listing date Sep 18, 2024

    MLS# 50155704 Listing URL

    Copyright © 2025 Monroe County Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial Space in Newport

    Located at 7505 Grafton Road in Newport, Michigan, this commercial space offers between 450 and 4,050 square feet suitable for medical or office use. Constructed in 1992, the property benefits from high visibility and a central location just off Telegraph Road. The 8.9-acre lot provides accessibility for a variety of professional needs, making it an ideal opportunity for businesses seeking to establish themselves in a growing community. The available space is versatile and conveniently located within Monroe County, with a total living area of 1,550 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mercy Memorial Outreach ... Medical Laboratory FrenchTown Pharmacy Pharmacy Danilo Dona MD ... Pain Management Physician Faafp Danilo A MD Doctor French Town Optical Optometrist

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Auto Repair Shop Clothing Store Pharmacy Auto Parts Store Garden Center Discount Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Monroe
    State
    Michigan
    Longitude
    -83.371363
    Latitude
    41.985885

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    FAQs

    What type of property is this?
    Medical office - High-visibility commercial space suitable for medical or office use.
    Where is this medical office located?
    The property is located at 7505 Grafton Rd Newport, MI.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility location on Grafton Road, just off Telegraph Road.; - Flexible space ranging from 450 to 4,050 SF.; - ADA accessible interior and exterior.
    (734) 242-8484
    Request Owner's contact information
    7505 Grafton Rd Newport, MI 48166
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    Newport, MI 48166
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7505 Grafton Rd Newport, MI 48166
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