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    Medical Office Building For Sale Title is generated by Realmo AI

    26210 Harper Ave, St Clair Shores, MI 48081

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    15,566 SF medical office building with 7.63% CAP rate.

    Type:Office
    Property size:
    15,566 SF
    Price / SF:
    $152/SF
    Added:
    May 13, 2025
    Days on Market:
    411
    Last Refresh:
    Mar 17 at 1:18 pm

    Property Features for 26210 Harper Ave

    General Information

    Standard status
    Active
    Size
    15,566 SF
    Property subtype
    Office

    We can help!

    Contact an agent
    Harrison Yaldoo
    Harrison Yaldoo

    Listing office NAI Farbman Southfield

    Listing date May 13, 2025

    Source Crexi

    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 NAI Farbman Southfield

    HighLights

    • Medical Use Designation
    • Excellent 7.63% CAP Rate
    • Substantial 15,566 SF Size

    Overview

    This is a 15,566 square foot medical office building. The property is being offered for sale and has a capitalization rate of 7.63%.

    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 $308.2k $19.80
    − Vacancy −$36.2k −$2.33
    EGI $272.0k $17.47
    − OpEx −$108.8k −$6.99
    NOI $163.2k $10.48
    15,566 SF · lease $19.80/SF/yr · vacancy 11.75% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $2.33M
    $2.04M – $2.72M (±1% cap)
    NOI $163,196 @ 7.0% cap · market cap 6.87%
    Second Best
    Office B
    $765.5K
    $669.8K – $893.1K (±1% cap)
    NOI $53,586 @ 7.0% cap · market cap 2.26%
    Theoretical Best
    Specialty Retail
    $2.91M
    $2.55M – $3.40M (±1% cap)
    NOI $203,994 @ 7.0% cap · market cap 8.59%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Ray Anthony ... Dental Office Provenzano Robert MD Physician Gentle Dental of St. ... Dental Office Lumen Pediatric Therapy ... Medical Clinic Dr. Ray Anthony ... Dental Office

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Similar Places Nearby

    • Doc McStuffin's Pet Clinic — 28730 Harper Ave, St Clair Shores, MI 48081
    • Doc McStuffin Pet Clinic — 28730 Harper Ave, St Clair Shores, MI 48081
    • Karter Animal Hospital — 28730 Harper Ave, St Clair Shores, MI 48081
    • Andrew Dine — 27120 Harper Ave, St Clair Shores, MI 480811912
    • Dine Veterinary Hospital — 27120 Harper Ave, St Clair Shores, MI 48081

    Location Insight

    • Map
    • Local Demand
    City
    St Clair Shores
    County
    Macomb
    State
    Michigan
    Longitude
    -82.898284
    Latitude
    42.48586

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    FAQs

    What type of property is this?
    Medical Office Space - 15,566 SF medical office building with 7.63% CAP rate.
    Where is this medical office space located?
    The property is located at 26210 Harper Ave St Clair Shores, MI.
    What is the asking price?
    The asking price for this property is $2,375,000.
    What are key features of this property?
    This property features: Medical Use Designation; Excellent 7.63% CAP Rate; Substantial 15,566 SF Size
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Harrison Yaldoo
    Harrison Yaldoo
    Real Estate License ID: MI 6501433927
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