Medical Office
10801 W Warren Avenue Dearborn, MI 48126
10801 W Warren Avenue, Dearborn, MI, 48126
$675,000
For Sale
$675,000
Well-maintained medical office building on Warren Ave in Dearborn, currently occupied by a medical doctor.
Property Size2,834 SF
Price / SF$238.18
Days on Market59
Property Features for 10801 W Warren Avenue
General Information
- Standard status
- Active
- Size
- 2,834 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1954
Listing agency
ARG Realty
(313) 792-8030
Listed by
Qassim Al-Omairi · License #6501375961
(313) 792-8030
Source
Sabudarealty
Added: May 26 Updated: Jul 22 at 6:55PM Checked: Jul 22 at 6:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ARG Realty
Investment Insights
Based on property information with market context.
This medical office building is just under 3,000 square feet and features modern updates. The building is currently occupied by a medical doctor, generating income.
Located on Warren Ave in Dearborn, the property benefits from a highly visible, in-demand main corridor address.
The space configuration is suited to medical uses, including pharmacy, therapy, and medical spa concepts, whether you plan to operate independently or share the facility.
Located on Warren Ave in Dearborn, the property benefits from a highly visible, in-demand main corridor address.
The space configuration is suited to medical uses, including pharmacy, therapy, and medical spa concepts, whether you plan to operate independently or share the facility.
Key Highlights
- Medical office building on Warren Ave in Dearborn
- Year built 1954
- Building size is just under 3,000 sq ft
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.8k | $20.40 |
| − Vacancy | −$4.6k | −$1.63 |
| EGI | $53.2k | $18.77 |
| − OpEx | −$21.3k | −$7.51 |
| NOI | $31.9k | $11.26 |
2,834 SF · lease $20.40/SF/yr · vacancy 8.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$455.9K
$398.9K – $531.9K
NOI $31,913 @ 7.0% cap · market cap 4.73%
Second Best
Office B
$446.2K
$390.4K – $520.5K
NOI $31,232 @ 7.0% cap · market cap 4.63%
Theoretical Best
Office A
$625.2K
$547.0K – $729.4K
NOI $43,763 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dearborn Wound Center
Medical Clinic
Health Care Pharmacy
Pharmacy
Hayat Chiropractic Center
Alternative Medicine Practice
Similar For Sale Nearby
FAQs
What type of property is this?
Medical Office Space - Well-maintained medical office building on Warren Ave in Dearborn, currently occupied by a medical doctor.
Where is this medical office space located?
The property is located at 10801 W Warren Avenue Dearborn, MI.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Medical office building on Warren Ave in Dearborn; Year built 1954; Building size is just under 3,000 sq ft
