Medical Office Building with Separate
24825 Eureka Road Taylor, MI 48180
24825 Eureka Road, Taylor, MI, 48180
$650,000
For Sale
$650,000
COMMERCIAL - Taylor, MI
Property Size5,368 SF
Lot Size0.31 Acres
Price / SF$121.09
Days on Market47
Property Features for 24825 Eureka Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 3, Basement, Bathroom 1
- Standard status
- Active
- APN
- 60-085-02-0011-000
- Size
- 5,368 SF
- Lot size
- 0.31 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 32B11 TO 15 LOTS 11 TO 15 INCL ALSO N 1/2 ADJ VAC ALLEY PATERSONS HOME TRACTS SUB T3S R10E L52 P11 WCR
- Tax Annual Amount
- 9155
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1979
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Brick
Listing Agency
Vantage Realty Group, LLC
(734) 287-6619
23944 Eureka Road #210, Taylor, MI
Listed by
Teressa Mann
(734) 991-3482
Added: Jun 4 Checked: Jul 20 at 5:06 pm
MLS# 26027126
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This medical office building is laid out to support patient care and day-to-day operations with an emphasis on functionality and comfort. The main level includes a spacious executive office with a cozy fireplace and a private restroom. Each exam room is equipped with a sink and storage. The lower level adds flexibility with three additional private office or exam rooms, an additional restroom, and a separate entrance that can support multiple practitioners, ancillary services, or more private client access.
Year-round comfort is supported by two separate furnaces, along with two separate alarm systems. The property also includes a sump pump and has warrantied foundation work. Located at 24825 Eureka Road in Taylor, Michigan, the building offers plenty of parking and convenient access to major routes including 75, 94, and 275.
For a provider looking for an office environment that already fits common clinical workflows, the rooming and restroom setup can reduce build-out needs. The combination of multiple exam/office rooms and the lower-level separate entrance makes the space particularly workable for teams within one practice, or for professionals needing distinct zones for clients and staff.
Year-round comfort is supported by two separate furnaces, along with two separate alarm systems. The property also includes a sump pump and has warrantied foundation work. Located at 24825 Eureka Road in Taylor, Michigan, the building offers plenty of parking and convenient access to major routes including 75, 94, and 275.
For a provider looking for an office environment that already fits common clinical workflows, the rooming and restroom setup can reduce build-out needs. The combination of multiple exam/office rooms and the lower-level separate entrance makes the space particularly workable for teams within one practice, or for professionals needing distinct zones for clients and staff.
Key Highlights
- Brick commercial building built in 1979 with forced‑air heating and central air conditioning
- Main level includes an executive office with a cozy fireplace and a private restroom
- Exam rooms feature sinks and storage, plus multiple private office areas
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 | $107.6k | $20.04 |
| − Vacancy | −$13.4k | −$2.49 |
| EGI | $94.2k | $17.55 |
| − OpEx | −$37.7k | −$7.02 |
| NOI | $56.5k | $10.53 |
5,368 SF · lease $20.04/SF/yr · vacancy 12.42% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$807.5K
$706.6K – $942.1K
NOI $56,528 @ 7.0% cap · market cap 8.70%
Second Best
Office B
$264.0K
$231.0K – $308.0K
NOI $18,479 @ 7.0% cap · market cap 2.84%
Theoretical Best
Specialty Retail
$993.8K
$869.6K – $1.16M
NOI $69,569 @ 7.0% cap · market cap 10.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dr. Jane P. ...
Pediatrician
ENH Skin Care ...
Medical Clinic
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FAQs
What type of property is this?
Medical Office Space - Configured for medical or wellness use with exam-ready rooms, multiple offices, and a separate lower-level entrance.
Where is this medical office space located?
The property is located at 24825 Eureka Road Taylor, MI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Brick commercial building built in 1979 with forced‑air heating and central air conditioning; Main level includes an executive office with a cozy fireplace and a private restroom; Exam rooms feature sinks and storage, plus multiple private office areas
