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    19601 Vernier Rd Harper Woods, MI 48225

    Sponsored
    For Sale
    $649,000

    3,230 SF Medical Office Building, NNN Lease

    Property size:
    3,230 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,230-square-foot medical office building, situated on a 0.603-acre lot in Harper Woods, Michigan, presents a unique investment opportunity. Originally a bank branch, the property boasts two drive-thru lanes, a highly desirable feature for medical practices. Located at the northeast corner of Vernier and Beaconsfield Roads, it benefits from excellent visibility and accessibility, with 175 feet of frontage on Vernier Road. The property enjoys a strategic location adjacent to Saint Clair Shores, Eastpointe, and Grosse Pointe communities, providing a strong patient base. Convenient access to I-94 further enhances its appeal. Across the street is the new Eastland Commerce Center, adding to the area's growing commercial activity. The high traffic count of approximately 20,000 vehicles per day on Vernier Road (Eight Mile Road) ensures significant exposure. Built in 1982, the building is zoned RO-1 and includes ample parking with 23 spaces. The asking price is $649,000, translating to $199.69 per square foot. The property is offered with a NNN lease structure. The minimum leasable space is 1,000 square feet, with a maximum of 3,230 square feet available. This property is ideal for a variety of medical uses and represents a strong investment in a thriving commercial area.

    Property Features for 19601 Vernier Rd

    General Information

    Property type
    Medical offices
    Square Feet
    3,230 SF
    Lot Size
    26,267 SF

    Building Details

    Year Built
    1982

    HighLights

    • Former bank branch with two drive‑thru lanes.
    • Excellent location near Saint Clair Shores, Eastpointe, and Grosse Pointe communities, with easy I‑94 access and across from the new Eastland Commerce Center.
    • 175 feet of frontage on Vernier Road.
    • Located on the northeast corner of Vernier and Beaconsfield.
    • High traffic count: approximately 20,000 vehicles per day on Vernier Road (Eight Mile Road).
    • 1,000 to 3,230 square feet available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Harper Woods
    County
    Wayne
    State
    Michigan
    Longitude
    -82.9286054
    Latitude
    42.4493302

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    FAQs

    What type of property is this?
    Medical office - 3,230 SF Medical Office Building, NNN Lease
    Where is this medical office located?
    The property is located at 19601 Vernier Rd Harper Woods, MI.
    What is the asking price?
    The asking price for this property is $649,000.
    What are key features of this property?
    This property features: Former bank branch with two drive-thru lanes.; Excellent location near Saint Clair Shores, Eastpointe, and Grosse Pointe communities, with easy I-94 access and across from the new Eastland Commerce Center.; 175 feet of frontage on Vernier Road.
    Request Owner's contact information
    19601 Vernier Rd Harper Woods, MI 48225
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    Harper Woods, MI 48225
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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
    19601 Vernier Rd Harper Woods, MI 48225
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