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    18940 Schoolcraft Detroit, MI 48223

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    For Lease
    $10 SF/Yr ($1,662 /Mo)

    1900 SF medical office space in Grandmont/Rosedale community.

    Property size:
    1,900 SF
    Lot size:
    0.14 Acres

    Property Features for 18940 Schoolcraft

    General Information

    Size
    1,900 SF
    Lot size
    0.14 Acres

    Source: PA Commercial Agent DeVon Jackson

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

    Overview

    Medical Office Space for Lease

    This 1,900 SF office space is available for lease in the Grandmont/Rosedale community, known as the 'Home of the Good Neighbors' community. Currently built out as a medical office, it shares a two-tenant building with Artesian Dental Group PLC. The lease rate is below market with flexible terms and includes access to a 360 SF shared reception area. The space features 5 offices or exam rooms, central heat and air conditioning, and a security system. Ideally suited for complementary and supplemental medical practitioners. The property is located minutes from Southfield Freeway, I-96 Express, and West Grand River Ave. The Grandmont/Rosedale community comprises five neighborhoods: North Rosedale Park, Rosedale Park, Grandmont, Grandmont #1, and Minock Park, which are among Detroit's most desired residential communities.
    Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.226878
    Latitude
    42.3867171

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    FAQs

    What type of property is this?
    Medical office - 1900 SF medical office space in Grandmont/Rosedale community.
    Where is this medical office located?
    The property is located at 18940 Schoolcraft Detroit, MI.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - Below-market lease rate with flexible terms.; - **1,900 SF built-out medical space featuring 5 offices/exam rooms & reception area.**; - Ideal for complementary & supplemental medical practitioners.
    (248) 568-1488
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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
    18940 Schoolcraft Detroit, MI 48223
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