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    21321 Kelly Rd Eastpointe, MI 48021

    Sponsored
    For Sale
    $995,000

    11,724 SF Medical Office Building, $995,000

    Property size:
    11,724 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 11,724 square foot medical office building, located at 21321 Kelly Rd in Eastpointe, Michigan, presents a compelling investment opportunity. Built in 1976, this single-story Class C building sits on a 0.5-acre lot and features 54 parking spaces. Currently operating as a multi-tenant property with an existing tenant in place, generating income, this property offers significant potential. The building is zoned MV1 and boasts excellent main road exposure, ideal for signage and visibility. A substantial portion of the building, 6,904 square feet, is also available for lease, providing further income potential or the opportunity to expand your existing practice. The asking price is $995,000, translating to $84.87 per square foot. This property is perfect for medical professionals, commercial enterprises, or investors seeking a strong return on investment in a prime Eastpointe location. The property's address is easily accessible and benefits from high traffic volume. The building's single-story design offers convenient access and functionality. This is a rare opportunity to acquire a well-located, income-producing property in a thriving market. The Macomb County location provides easy access to major transportation routes and amenities. The property's APN is 02-14-32-404-038.

    Property Features for 21321 Kelly Rd

    General Information

    Property type
    Medical offices
    Square Feet
    11,724 SF
    Class
    C
    Lot Size
    21,780 SF

    Building Details

    Year Built
    1976
    Stories
    1

    HighLights

    • $995,000 asking price for this 11,724 square foot medical office building.
    • 11,724 SF building, with 6,904 SF currently available for lease.
    • Multi‑tenant professional building with existing income‑producing tenants.
    • Excellent main road visibility and signage opportunities.
    • Located at 21321 Kelly Rd, Eastpointe, MI 48021.
    Property Profile Location Intelligence

    Current Use by Public Records

    TJ Plumbing and Heating Plumber Monahan-Ide LLC Real Estate Developer Monahan Co General Contractor Edward Monahan V ... General Contractor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Eastpointe
    County
    Macomb
    State
    Michigan
    Longitude
    -82.93726566
    Latitude
    42.45490052

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    FAQs

    What type of property is this?
    Medical office - 11,724 SF Medical Office Building, $995,000
    Where is this medical office located?
    The property is located at 21321 Kelly Rd Eastpointe, MI.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: $995,000 asking price for this 11,724 square foot medical office building.; 11,724 SF building, with 6,904 SF currently available for lease.; Multi-tenant professional building with existing income-producing tenants.
    Request Owner's contact information
    21321 Kelly Rd Eastpointe, MI 48021
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    Eastpointe, MI 48021
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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
    21321 Kelly Rd Eastpointe, MI 48021
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