Medical Office
For Sale
Contact for pricing
47 W Maple Road, Clawson, MI 48017
Configured with patient waiting space, a reception area, a private office, and exam rooms.
Property Size1,500 SF
Price / SF$1.33
Days on Market28
Property Features for 47 W Maple Road
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Commercial
Additional Details
Condition
Move-in Ready
Building Details
Year Built
1991
Listing Agency:
RE/MAX Team 2000
Listed By:
Yousef Beydoun · License #6501354088
(313) 561-0900
Source:
Goodhomemi
Added: Oct 5
Changed: Oct 28
Last Checked: Oct 28 at 4:38PM
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 RE/MAX Team 2000
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Investment Insights
Based on property information with market context.
This 1,500 SF medical office space has a large waiting area, reception space, one private office, and capacity for up to five exam rooms. The building was constructed in 1991 and has been freshly painted throughout.
The property is on W Maple Road in Clawson, beside Tropical Smoothie and Laquer Lounge Nail Salon. Troy, Birmingham, Royal Oak, and Madison Heights are identified as nearby communities.
The property is on W Maple Road in Clawson, beside Tropical Smoothie and Laquer Lounge Nail Salon. Troy, Birmingham, Royal Oak, and Madison Heights are identified as nearby communities.
Key Highlights
- 1,500 SF medical office space
- Layout includes a large waiting area, reception space, and a private office
- Room for up to 5 exam rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,164
Suggested Prices Based on Cap Rates
Cap Rate 5%
$103,280
$103.3K
Cap Rate 7%
$73,771
$73.8K
Cap Rate 9%
$57,378
$57.4K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$9.0K $6.00/SF
− Vacancy
−$2.1K −$1.41/SF
EGI
$6.9K $4.59/SF
− OpEx
−$1.7K −$1.15/SF
NOI
$5.2K $3.44/SF
Area
Oakland 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%
$103,280
Cap Rate 7%
$73,771
Cap Rate 9%
$57,378
Alternative Uses
Best Use
Healthcare Medical
$290.0K
$253.7K – $338.3K
NOI $20,299 @ 7.0% cap · market cap 1,014.95%
Second Best
Office B
$73.8K
$64.6K – $86.1K
NOI $5,164 @ 7.0% cap · market cap 258.20%
Theoretical Best
Specialty Retail
$323.5K
$283.1K – $377.5K
NOI $22,648 @ 7.0% cap · market cap 1,132.40%
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
1,051
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 48017, MI
11,353
Population
5,827
Households
1.9
Avg Household Size
39
Median Age
44%
College-Educated
97%
High-School Grad
2.2 sq mi
ZIP Area
5,160
Density / Sq Mi
$86,935
Median Household Income
$62,650
Median Earnings
$1,255
Median Rent
$251,600
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Hamilton Animal Hospital — 1537 N Main St, Clawson, MI 48017
Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured with patient waiting space, a reception area, a private office, and exam rooms.
Where is this medical office space located?
The property is located at 47 W Maple Road Clawson, MI.
What are key features of this property?
This property features: 1,500 SF medical office space; Layout includes a large waiting area, reception space, and a private office; Room for up to 5 exam rooms
