Medical/Office Building Investment
For Sale
$595,000
25509 Kelly Road, Roseville, MI 48066
Professionally managed medical/office building for sale. Fully leased.
Property Size6,699 SF
Days on Market315
Property Features for 25509 Kelly Road
General Information
Standard status
Active
Size
6,699 SF
Class
B
Property subtype
Office
Building Details
Building Size
6,699 SF
Year Built
1985
Listed By:
Al Iafrate, SIOR
(313) 590-7021
Source:
Corfac
Added: Nov 25, 2025
Changed: Oct 3
Last Checked: Oct 5 at 3:51PM
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 Al Iafrate, SIOR
Investment Insights
Based on property information with market context.
This is a professionally managed medical/office building available for investment sale. The 6,699 square foot free-standing professional office building is fully leased and offers excellent parking. It is located on Kelly Road, just north of 10 Mile Road, providing close proximity to I-94 and I-696. The entire building is available for sale as an investment sale.
Key Highlights
- Fully leased investment property
- Entire building available for sale
- Excellent parking for tenants and visitors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,061
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$461,220
$461.2K
Cap Rate 7%
$329,443
$329.4K
Cap Rate 9%
$256,233
$256.2K
Market Conditions
NOI Build-Up for 6,699 SF
Gross rent
$40.2K $6.00/SF
− Vacancy
−$9.4K −$1.41/SF
EGI
$30.7K $4.59/SF
− OpEx
−$7.7K −$1.15/SF
NOI
$23.1K $3.44/SF
Area
Macomb County, MI
Vacancy
23.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$461,220
Cap Rate 7%
$329,443
Cap Rate 9%
$256,233
Alternative Uses
Best Use
Healthcare Medical
$1.00M
$877.9K – $1.17M
NOI $70,233 @ 7.0% cap · market cap 11.80%
Second Best
Office B
$329.4K
$288.3K – $384.4K
NOI $23,061 @ 7.0% cap · market cap 3.88%
Theoretical Best
Specialty Retail
$1.25M
$1.10M – $1.46M
NOI $87,791 @ 7.0% cap · market cap 14.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
742
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48066, MI
47,789
Population
22,116
Households
2.2
Avg Household Size
39
Median Age
15%
College-Educated
90%
High-School Grad
9.9 sq mi
ZIP Area
4,827
Density / Sq Mi
$61,222
Median Household Income
$38,978
Median Earnings
$1,175
Median Rent
$142,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Professionally managed medical/office building for sale. Fully leased.
Where is this medical office space located?
The property is located at 25509 Kelly Road Roseville, MI.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Fully leased investment property; Entire building available for sale; Excellent parking for tenants and visitors
