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    16402 Seven Mile Rd Detroit, MI 48235

    Sponsored
    For Sale
    $850,000

    Prime Heath Office, Great Value, Ample Parking

    Property size:
    8,096 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 3,514 square foot office space is available for lease in Heath, Ohio, situated on Hebron Road (SR 79). The property features a single-tenant occupancy, ideal for a business seeking a dedicated and private workspace. The layout includes one large room, providing flexibility for various office configurations. A key advantage is the double-sided signage opportunity, ensuring high visibility and brand recognition for your business. Convenient amenities are included, such as a restroom, water, and trash removal services. Furthermore, the property boasts ample parking, ensuring convenient access for employees and clients. The monthly rental rate is an attractive $600. The property's APN is 030-099630-00.000, and its cross street is Wayne. This is a fantastic opportunity for a business seeking a cost-effective and well-located office space in a convenient Heath location. The property is a single-tenant building with no additional suites. The lot size is not specified. This space offers a unique blend of affordability, convenience, and visibility, making it an ideal choice for a variety of businesses. Don't miss this chance to secure this exceptional office space.

    Property Features for 16402 Seven Mile Rd

    General Information

    Property type
    Automotive properties
    Square Feet
    8,096 SF
    Lot Size
    19,602 SF

    Building Details

    Year Built
    1948
    Stories
    1

    HighLights

    • Office space for rent in Heath, Ohio.
    • Single‑tenant occupancy.
    • 3,514 square feet.
    • Located on Hebron Road (SR 79).
    • Includes one room, double‑sided signage, restroom, water, and trash removal.
    • Ample parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2102929
    Latitude
    42.430515

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    FAQs

    What type of property is this?
    Automotive property - Prime Heath Office, Great Value, Ample Parking
    Where is this automotive property located?
    The property is located at 16402 Seven Mile Rd Detroit, MI.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Office space for rent in Heath, Ohio.; Single-tenant occupancy.; 3,514 square feet.
    Request Owner's contact information
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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
    16402 Seven Mile Rd Detroit, MI 48235
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