7505 Grafton Rd, Newport, MI Newport
This exceptional single-tenant medical office building, located at 7505 Grafton Road in Newport, Michigan, presents a unique opportunity for businesses seeking a prominent presence in a thriving community. The property boasts a substantial 4,050 square feet of versatile space, ideal for a variety of professional uses, from small medical practices to larger commercial enterprises. Situated on a generous 8.9-acre lot, the building offers ample parking and high visibility, benefiting from its convenient location just off Telegraph Road. Constructed in 1992, the building is well-maintained and provides excellent accessibility. The single-suite layout offers efficiency and flexibility, allowing for customization to meet specific business needs. This property is perfect for businesses seeking a central location with high traffic exposure in a growing area. The space is adaptable to various configurations, making it an attractive option for a range of professional services. Its strategic location ensures easy access for clients and employees alike. This is a rare opportunity to acquire a well-positioned, substantial commercial property in a desirable Monroe County location. Don't miss the chance to establish your business in this prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.