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    4870 Clark Rd Ypsilanti, MI 48197

    Sponsored
    For Lease
    $22 SF/Yr

    Modern Suites, Ann Arbor Area, 16,000 SF

    Lot size:
    16,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 16,000-square-foot medical office building, located at 4870 Clark Road in Ypsilanti, Michigan, presents a unique investment opportunity. The property, situated on a 2.37-acre lot, boasts a Class B designation and underwent a complete interior renovation in 2024. The two-story building, constructed in 1976, offers multiple suites available for lease in the first quarter of 2025. Each suite features ample windows, maximizing natural light. Its convenient location, midway between Ann Arbor and Ypsilanti, offers easy access to a thriving medical community. The building is approximately half a mile from Trinity Health Hospital, across the street from Washtenaw Community College, and near Eastern Michigan University. The property's zoning is designated as OFFICE, and its APN is L1201100004. Abundant on-site parking is available, catering to both tenants and visitors. The property is situated between Golfside and Hogback Road, in Washtenaw County, with a zip code of 48197. This prime location, coupled with the recent renovations and ample parking, makes this a highly desirable property for medical professionals seeking modern, well-appointed office space. The building's proximity to major educational institutions and a prominent hospital further enhances its appeal and potential for strong occupancy.

    Property Features for 4870 Clark Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,000 SF
    Class
    B
    Total Rate
    29333.33

    Building Details

    Year Built/Renovated
    1976/2024
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    1
    Size
    3,043 SF
    Rate per SF
    $22
    Space
    2
    Size
    858 SF
    Rate per SF
    $22
    Space
    3
    Size
    2,484 SF
    Rate per SF
    $22
    Space
    4
    Size
    2,964 SF
    Rate per SF
    $22
    Space
    5
    Size
    1,130 SF
    Rate per SF
    $22
    Space
    6
    Size
    2,686 SF
    Rate per SF
    $22

    HighLights

    • Barron Professional Building, a 16,000 sq ft medical office building.
    • Completely renovated interior, meeting current codes.
    • Newly renovated suites available for occupancy Q1 2025.
    • Ample on‑site parking.
    • Abundant natural light in each suite.
    • Convenient location near Trinity Health Hospital, with easy access to Ann Arbor and Ypsilanti.
    Property Profile Location Intelligence

    Current Use by Public Records

    Julie Simensky Psychologist Kirshner Elizabeth S Pain Management Physician Jennifer Aldea Doctor Dr. Paul D. ... Psychiatrist Krasnow Charles G ... Psychiatrist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ypsilanti
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.664016
    Latitude
    42.2583163

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    FAQs

    What type of property is this?
    Medical office - Modern Suites, Ann Arbor Area, 16,000 SF
    Where is this medical office located?
    The property is located at 4870 Clark Rd Ypsilanti, MI.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Barron Professional Building, a 16,000 sq ft medical office building.; Completely renovated interior, meeting current codes.; Newly renovated suites available for occupancy Q1 2025.
    Request Owner's contact information
    4870 Clark Rd Ypsilanti, MI 48197
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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

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    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
    4870 Clark Rd Ypsilanti, MI 48197
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