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    8550-8565 Silvery Ln Dearborn Heights, MI 48127

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    Contact for pricing

    Prime Dearborn Heights Medical Office

    Property size:
    32,330 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional medical office complex, located at 8550-8565 N. Silvery Lane in Dearborn Heights, Michigan, presents a unique investment opportunity. The property encompasses two single-story buildings totaling 32,330 square feet, constructed in 1993 and situated on a 3.81-acre lot. The property is zoned RO-1 and offers ample parking with 100 spaces. The complex features on-site MRI and CT capabilities, providing a significant advantage for medical professionals. Its strategic location offers easy access to major hospitals and expressways, while also benefiting from a high-density residential area, ensuring a strong patient base. The existing tenant base includes a network of referring physicians, further enhancing the property's value and potential. The property's APN is 33-003-99-0002-000. The potential for condo unit ownership adds to the flexibility and appeal of this investment. This Class C property in Wayne County, zip code 48127, represents a compelling opportunity for investors seeking a well-established medical office complex in a thriving community. The property's size, amenities, and location combine to create a strong foundation for future growth and profitability.

    Property Features for 8550-8565 Silvery Ln

    General Information

    Property type
    Medical offices
    Square Feet
    32,330 SF
    Class
    C
    Lot Size
    165,964 SF

    Building Details

    Year Built
    1993
    Buildings
    2
    Stories
    1

    HighLights

    • Freestanding, second‑generation restaurant building totaling 5,176 square feet.
    • Located on Bay Area Blvd near Clear Lake High School and the University of Houston‑Clear Lake campus.
    • 1.31‑acre lot; building is divisible and available for lease as‑is, or ground lease available.
    • Excellent visibility and access on Bay Area Blvd, with high traffic counts (19,374 VPD).
    • 7.73 parking spaces per 1,000 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Dearborn Heights
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2842249
    Latitude
    42.3551853

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    FAQs

    What type of property is this?
    Medical office - Prime Dearborn Heights Medical Office
    Where is this medical office located?
    The property is located at 8550-8565 Silvery Ln Dearborn Heights, MI.
    What are key features of this property?
    This property features: Freestanding, second-generation restaurant building totaling 5,176 square feet.; Located on Bay Area Blvd near Clear Lake High School and the University of Houston-Clear Lake campus.; 1.31-acre lot; building is divisible and available for lease as-is, or ground lease available.
    Request Owner's contact information
    8550-8565 Silvery Ln Dearborn Heights, MI 48127
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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
    8550-8565 Silvery Ln Dearborn Heights, MI 48127
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