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    1336 Southfield Rd Lincoln Park, MI 48146

    Sponsored
    For Sale
    $200,000

    4,300 SF Medical Office - $200K

    Property size:
    4,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,300 square foot medical office building, located at 1336 Southfield Road in Lincoln Park, Michigan, presents a fantastic investment opportunity. Priced at $200,000, this multi-tenant property boasts prime commercial exposure with ample frontage on Southfield Road, ensuring high visibility and accessibility. The building benefits from its strategic location, experiencing extremely high traffic counts due to its proximity to major thoroughfares including I-75, John R. Papalas Drive, Garfield Avenue, Howard Street, and the Detroit-Toledo Freeway and Southfield Freeway. Detailed traffic counts are available upon request, showing figures exceeding 89,000 vehicles daily on nearby roadways. The flexible floor plan allows for easy division into two separate tenant spaces, providing versatility and potential for increased rental income. The property's convenient location offers easy access to a variety of restaurants and retail amenities, enhancing its appeal to both tenants and employees. All furniture, fixtures, and equipment (FF&E) are included in the sale price, making this a turnkey operation. This is a rare opportunity to acquire a well-situated, high-traffic medical office building in a thriving area of Wayne County, Michigan, with zip code 48146. The property is zoned for medical office use.

    Property Features for 1336 Southfield Rd

    General Information

    Property type
    Medical offices
    Square Feet
    4,300 SF

    HighLights

    • 4,300 SF medical office building in Lincoln Park, MI.
    • Prime commercial exposure with ample Southfield Road frontage.
    • High traffic counts near I‑75, John R. Papalas Drive, Garfield Ave, Howard St, Detroit‑Toledo Freeway, and Southfield Freeway.
    • Flexible floor plan easily divisible into two tenant spaces.
    • Excellent location near restaurants and retail.
    • All furniture, fixtures, and equipment (FF&E) included.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bohra B S ... Orthopedic Surgeon Lincoln Park Physical ... Doctor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln Park
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1782564
    Latitude
    42.2509548

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    FAQs

    What type of property is this?
    Medical office - 4,300 SF Medical Office - $200K
    Where is this medical office located?
    The property is located at 1336 Southfield Rd Lincoln Park, MI.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: 4,300 SF medical office building in Lincoln Park, MI.; Prime commercial exposure with ample Southfield Road frontage.; High traffic counts near I-75, John R. Papalas Drive, Garfield Ave, Howard St, Detroit-Toledo Freeway, and Southfield Freeway.
    Request Owner's contact information
    1336 Southfield Rd Lincoln Park, MI 48146
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    Lincoln Park, MI 48146
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1336 Southfield Rd Lincoln Park, MI 48146
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