Medical Office with On-Site
For Sale
Contact for pricing
6246 Chase Road, Dearborn, MI 48126
A substantial commercial space offers more than 40 on-site parking spaces in Dearborn.
Property Size4,543 SF
Price / SF$2.00
Days on Market24
Property Features for 6246 Chase Road
General Information
Standard status
Active
Size
4,543 SF
Property subtype
Commercial
Site & Location
Neighborhood
Fordson West
Building Details
Year Built
1961
Listing Agency:
GoodHome Realty, LLC
Listed By:
Quinton Lemond
(248) 928-4992
Source:
Goodhomemi
Added: Oct 6
Changed: Oct 28
Last Checked: Oct 28 at 3:07PM
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 GoodHome Realty, LLC
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Investment Insights
Based on property information with market context.
This medical office property contains 4,543 square feet and was built in 1961. Its on-site parking accommodates more than 40 vehicles, supporting a range of commercial space needs.
Located at 6246 Chase Road in Dearborn, Michigan, the property is identified for medical or professional office, retail, educational, and daycare uses.
Located at 6246 Chase Road in Dearborn, Michigan, the property is identified for medical or professional office, retail, educational, and daycare uses.
Key Highlights
- 4,543 square feet of commercial space
- More than 40 on‑site parking spaces
- Built in 1961
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,066
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,001,320
$1.0M
Cap Rate 7%
$715,229
$715.2K
Cap Rate 9%
$556,289
$556.3K
Market Conditions
NOI Build-Up for 4,543 SF
Gross rent
$86.1K $18.96/SF
− Vacancy
−$19.4K −$4.27/SF
EGI
$66.8K $14.69/SF
− OpEx
−$16.7K −$3.67/SF
NOI
$50.1K $11.02/SF
Area
Dearborn, MI
Vacancy
22.50%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,001,320
Cap Rate 7%
$715,229
Cap Rate 9%
$556,289
Alternative Uses
Best Use
Healthcare Medical
$730.8K
$639.5K – $852.6K
NOI $51,158 @ 7.0% cap · market cap 563.10%
Second Best
Office B
$715.2K
$625.8K – $834.4K
NOI $50,066 @ 7.0% cap · market cap 551.08%
Theoretical Best
Office A
$1.00M
$876.9K – $1.17M
NOI $70,154 @ 7.0% cap · market cap 772.20%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,270
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 48126, MI
55,863
Population
16,919
Households
3.3
Avg Household Size
28
Median Age
24%
College-Educated
74%
High-School Grad
8.4 sq mi
ZIP Area
6,650
Density / Sq Mi
$42,353
Median Household Income
$27,724
Median Earnings
$1,222
Median Rent
$200,600
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Medical Office Space - A substantial commercial space offers more than 40 on-site parking spaces in Dearborn.
Where is this medical office space located?
The property is located at 6246 Chase Road Dearborn, MI.
What are key features of this property?
This property features: 4,543 square feet of commercial space; More than 40 on‑site parking spaces; Built in 1961
