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    18555 Fort St Riverview, MI 48193

    Sponsored
    For Sale
    $235,000

    1,731 SF Freestanding Office, Updated 2020

    Property size:
    1,731 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,731-square-foot freestanding executive office building, located at 18555 Fort Street in Riverview, Michigan, presents a unique investment opportunity. Built in 1948 and meticulously renovated in 2020, the property boasts an impeccably clean and modern interior, ideal for a variety of professional uses. Situated on a 0.15-acre lot, the building offers ample parking with 12 spaces, a significant advantage in a high-traffic area. The property's B-3 General Business zoning allows for diverse business operations. The building's prime location on heavily traveled Fort Street ensures high visibility and accessibility. The asking price is $235,000, with annual property taxes totaling $3,913. The property's APN is 51 012 05 0033 000. This turnkey solution offers immediate occupancy and the potential for strong returns. Don't miss this chance to acquire a well-maintained, strategically located commercial property in a thriving Michigan community. The property is zoned for B-3 General Business use, providing flexibility for a range of businesses. This is a rare opportunity to own a freestanding building in a desirable location.

    Property Features for 18555 Fort St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,731 SF
    Lot Size
    6,534 SF

    Building Details

    Year Built/Renovated
    1948/2020

    HighLights

    • 1,731 SF freestanding office building.
    • High‑traffic Fort Street location.
    • Recently renovated and impeccably clean.
    • Versatile space suitable for retail or office.
    • B‑3 General Business zoning.
    • Annual property taxes: $3,913.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Riverview
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1884159
    Latitude
    42.1736165

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    FAQs

    What type of property is this?
    Office Property / Space - 1,731 SF Freestanding Office, Updated 2020
    Where is this office property / space located?
    The property is located at 18555 Fort St Riverview, MI.
    What is the asking price?
    The asking price for this property is $235,000.
    What are key features of this property?
    This property features: 1,731 SF freestanding office building.; High-traffic Fort Street location.; Recently renovated and impeccably clean.
    Request Owner's contact information
    18555 Fort St Riverview, MI 48193
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    Riverview, MI 48193
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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
    18555 Fort St Riverview, MI 48193
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