Well-Maintained Office/Medical Building For
For Sale
$999,999
25915 Harper Ave, Saint Clair Shores, MI 48081
Fully occupied office/medical building near I-696 and I-94.
Property Size5,805 SF
Price / SF$172.27
Days on Market208
Property Features for 25915 Harper Ave
General Information
Standard status
Active
Size
5,805 SF
Class
C
Property subtype
Office
Building Details
Building Size
5,805 SF
Year Built
1982
Listing Agency:
L. Mason Capitani, Inc.
Listed By:
Robert Gojcaj · License #6501377415
(586) 907-7155
Source:
Corfac
Added: Mar 27
Changed: Oct 13
Last Checked: Oct 19 at 5:22AM
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 L. Mason Capitani, Inc.
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Investment Insights
Based on property information with market context.
This is a fully occupied and well-maintained office/medical building. The property is located minutes from both I-696 and I-94. The building has a size of 5805 square feet.
Key Highlights
- Fully occupied, well‑maintained building
- Located minutes from I‑696 and I‑94
- Office/Medical Building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,860
Cap Rate
6.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,217,200
$1.2M
Cap Rate 7%
$869,429
$869.4K
Cap Rate 9%
$676,222
$676.2K
Market Conditions
NOI Build-Up for 5,805 SF
Gross rent
$114.9K $19.80/SF
− Vacancy
−$13.5K −$2.33/SF
EGI
$101.4K $17.47/SF
− OpEx
−$40.6K −$6.99/SF
NOI
$60.9K $10.48/SF
Area
Macomb County, MI
Vacancy
11.75%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,217,200
Cap Rate 7%
$869,429
Cap Rate 9%
$676,222
Alternative Uses
Best Use
Healthcare Medical
$869.4K
$760.8K – $1.01M
NOI $60,860 @ 7.0% cap · market cap 6.09%
Second Best
Office B
$285.5K
$249.8K – $333.1K
NOI $19,984 @ 7.0% cap · market cap 2.00%
Theoretical Best
Specialty Retail
$1.09M
$950.9K – $1.27M
NOI $76,075 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
869
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48081, MI
20,496
Population
9,669
Households
2.1
Avg Household Size
45
Median Age
27%
College-Educated
95%
High-School Grad
3.9 sq mi
ZIP Area
5,255
Density / Sq Mi
$75,735
Median Household Income
$51,140
Median Earnings
$1,272
Median Rent
$202,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Dine Veterinary Hospital — 27120 Harper Ave, St Clair Shores, MI 48081
- Andrew Dine — 27120 Harper Ave, St Clair Shores, MI 480811912
Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully occupied office/medical building near I-696 and I-94.
Where is this medical office space located?
The property is located at 25915 Harper Ave Saint Clair Shores, MI.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Fully occupied, well‑maintained building; Located minutes from I‑696 and I‑94; Office/Medical Building
