27500 Hoover Rd, Warren, MI 48093-4586
This exceptional 4,000 square foot medical office building presents a unique investment opportunity in Macomb County. Situated on Hoover Road, this single-tenant property boasts a convenient location near highway 1696, ensuring excellent accessibility for patients and staff. Built in 1972 and completely remodeled, the building features a thoughtfully designed layout ideal for a group practice or individual physician. The space includes a shared reception area with four patient windows, six fully equipped exam rooms, a shared laboratory space, two private offices, a shared kitchen, and a bathroom. The single-story building offers ample space and functionality, with all 4,000 square feet currently vacant and ready for immediate occupancy. This turnkey solution eliminates the need for extensive renovations, allowing for a swift and efficient transition for the new owner. The property's strategic location and well-designed interior make it an attractive option for a variety of medical practices seeking a comfortable and efficient workspace. The existing infrastructure and layout provide a solid foundation for a thriving medical business. This is a rare opportunity to acquire a fully renovated, ready-to-occupy medical office building in a desirable location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Warren, MIWarren. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.