Medical Office Building with Private
45200 Card Road Macomb Twp, MI 48044
45200 Card Road, Macomb Twp, MI, 48044
$4,900,000
For Sale
$4,900,000
COMMERCIAL - Macomb Twp, MI
Property Size38,000 SF
Lot Size2.65 Acres
Price / SF$128.95
Days on Market566
Property Features for 45200 Card Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Exterior features
- Lawn Sprinkler
- Standard status
- Active
- APN
- 20-08-35-300-041
- Size
- 38,000 SF
- Lot size
- 2.65 Acres
Taxes and HOA fees
- Tax Annual Amount
- 63488
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2008
- Roof type
- Shingle, Asphalt
Listing agency
RE/MAX Advisors
(586) 725-1900
Listed by
Maria McGuire · License #6504242665
(586) 996-4059
Added: Jan 1, 2025 Updated: Jun 3 at 5:40PM Checked: Jul 21 at 4:06PM
MLS# 50167686
Copyright © 2026 Multiple Listing Service MiRealSource. 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 sale offering is a uniquely designed office/medical property featuring main-floor private entrance suites. The building size is approximately 38,000 square feet, set on about 2.65 acres, with interior configuration that supports professional use and patient or client access from dedicated entries.
The property is located just off the NE corner of M-59 (Hall Rd) and provides access to I-94 and I-75. The surrounding area is described as home to top-tier medical facilities and hospitals, positioning the building for tenants seeking proximity to healthcare services.
The second floor includes approximately 15,000 square feet of open space described as untapped and ready for custom build-out, offering flexibility for professional office or medical affiliate users. With private suite entrances on the main level and the ability to tailor the upper floor layout, the property can work for organizations looking to occupy existing suites while expanding within the same building footprint.
The property is located just off the NE corner of M-59 (Hall Rd) and provides access to I-94 and I-75. The surrounding area is described as home to top-tier medical facilities and hospitals, positioning the building for tenants seeking proximity to healthcare services.
The second floor includes approximately 15,000 square feet of open space described as untapped and ready for custom build-out, offering flexibility for professional office or medical affiliate users. With private suite entrances on the main level and the ability to tailor the upper floor layout, the property can work for organizations looking to occupy existing suites while expanding within the same building footprint.
Key Highlights
- Second floor includes 15,000 SF of untapped open space for future custom build‑out (professional office or medical affiliates).
- Main floor offers private entrance suite setup for tenant business access and exclusivity.
- Built in 2008 and finished with a roof consisting of asphalt shingle.
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 | $752.4k | $19.80 |
| − Vacancy | −$88.4k | −$2.33 |
| EGI | $664.0k | $17.47 |
| − OpEx | −$265.6k | −$6.99 |
| NOI | $398.4k | $10.48 |
38,000 SF · lease $19.80/SF/yr · vacancy 11.75% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$5.69M
$4.98M – $6.64M
NOI $398,396 @ 7.0% cap · market cap 8.13%
Second Best
Office B
$1.87M
$1.64M – $2.18M
NOI $130,815 @ 7.0% cap · market cap 2.67%
Theoretical Best
Specialty Retail
$7.11M
$6.22M – $8.30M
NOI $497,995 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Michigan Law Center ...
Law Firm
Coldwell Banker Realty, ...
Real Estate Agency
Coldwell Banker- Angela ...
Real Estate Agency
Coldwell Banker Realty, ...
Real Estate Agency
Farm Bureau Insurance ...
Insurance Agency
FAQs
What type of property is this?
Office building - Office and medical space with main-floor private entrance suites and additional second-floor open area for custom buildout.
Where is this office building located?
The property is located at 45200 Card Road Macomb Twp, MI.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Second floor includes 15,000 SF of untapped open space for future custom build‑out (professional office or medical affiliates).; Main floor offers private entrance suite setup for tenant business access and exclusivity.; Built in 2008 and finished with a roof consisting of asphalt shingle.
