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    Commerce Township, MI 48382

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    For Sale
    Contact for pricing

    Multi-tenant medical building with high traffic signage available.

    Property size:
    21,000 SF

    Property Features for

    General Information

    Size
    21,000 SF

    Building Details

    Year built
    1990

    Source: Aaron Smith Agent Aaron Smith

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical Building on Union Lake

    This professionally managed multi-tenant medical building is located on the southwest corner of Union Lake Road. The property benefits from a growing community and diverse payer mix. Medical and dental spaces are available within the building. High traffic signage is available on Commerce Road. The property features expansive and convenient parking. An excellent referral base is present. Current tenants include primary care, OBGYN, PM&R, psychiatry, and cardiology practices. The property is under stable ownership.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Similar Places Nearby

    4 Paws Urgent Care, Commerce Village Veterinary Hospital

    Map

    City
    Commerce Township
    County
    Oakland
    State
    Michigan
    Longitude
    -83.5077
    Latitude
    42.5893

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    FAQs

    What type of property is this?
    Medical office - Multi-tenant medical building with high traffic signage available.
    Where is this medical office located?
    The property is located at Commerce Township, MI.
    What is the asking price?
    The asking price for this property is $19.
    What are key features of this property?
    This property features: - Medical and dental space available in a professionally managed building; - High traffic Commerce Rd signage available; - Expansive & convenient parking
    (248) 637-3515
    Request Owner's contact information
    Commerce Township, MI 48382
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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
    Commerce Township, MI 48382
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