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Medical Office Space

18900 Schoolcraft, Detroit, MI 48223

For Sale
$500,000

A general dentistry practice has operated in the building for decades.

Property SizeContact for details
Days on Market8

Property Features for 18900 Schoolcraft

General Information

Standard status Active

Site & Location

Neighborhood Grandmont #1

Additional Details

Property Use Medical Office
Medical Specialty dental
Listing Agency: Michigan Realty Associates
Listed By: James L Hall · License MI #6501102950
Source: Charterpropertiesgr
Added: Nov 3 Changed: Nov 8 Last Checked: Nov 8 at 5:35AM

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 Michigan Realty Associates

Rey
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Investment Insights

Based on property information with market context.

This medical office property at 18900 Schoolcraft in Detroit has served as the location of a general dentistry operation for decades. The owner has operated the practice in the building.

Key Highlights

  • General dentistry operation established in the building for decades
  • Located at 18900 Schoolcraft in Detroit, MI 48223

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Nail Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

302
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48223, MI

22,956
Population
11,264
Households
2
Avg Household Size
36
Median Age
19%
College-Educated
91%
High-School Grad
6.1 sq mi
ZIP Area
3,763
Density / Sq Mi
$42,324
Median Household Income
$30,119
Median Earnings
$1,013
Median Rent
$87,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Medical Office Space in Detroit, MI

$72.88 Jul
$76.09 Aug
$98.84 Sep
$125 Oct

Properties on Market for Medical Office Space in Detroit

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Detroit, MI

11.9% 2019
13.9% 2020
15.2% 2021
17.9% 2022
20.3% 2023
22% 2024
19.5% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - A general dentistry practice has operated in the building for decades.
Where is this medical office space located?
The property is located at 18900 Schoolcraft Detroit, MI.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: General dentistry operation established in the building for decades; Located at 18900 Schoolcraft in Detroit, MI 48223
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