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    Remodeled Medical Facility For Sale Title is generated by Realmo AI

    435 Sumpter Rd, Belleville, MI 48111

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    Remodeled medical facility with surgical units and ample parking.

    Type:Special Purpose
    Property size:
    5,800 SF
    Price / SF:
    $120/SF
    Added:
    Sep 28, 2024
    Days on Market:
    621
    Last Refresh:
    May 12 at 9:55 pm

    Property Features for 435 Sumpter Rd

    General Information

    Standard status
    Active
    Size
    5,800 SF
    Property subtype
    Special Purpose

    Building Details

    Year Built
    1968

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    Listing Contact
    Nick Jaafar

    Listing agent Nick Jaafar License #6501403947

    Listing office KW Commercial Dearborn

    Listing date Sep 28, 2024

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Dearborn

    HighLights

    • Fully remodeled medical facility available for immediate occupancy.
    • Prime location with frontage on Sumpter Rd, minutes from downtown Belleville.
    • Equipped with five exam rooms, surgical prep room with two surgical units, and X‑ray room.
    • Spacious lobby with reception area and ample restrooms.
    • Large parking lot and serene park‑like setting with retention pond.
    • Includes two doctor offices, employee lounge, laboratory area, and document storage room.

    Overview

    This remodeled medical facility, offering immediate occupancy, features a spacious lobby with a reception area. The 5,800-square-foot property includes five exam rooms equipped with sinks and tables, a surgical prep room with two surgical units, and an X-ray room with lead-lined walls and a dark room. It also contains two doctor offices, a large document storage room, an employee lounge, a computer and storage room, and a laboratory area. Ample restrooms are available. The property has a large parking lot complete with a gazebo. Situated in a prime location with frontage on Sumpter Rd, it is just minutes from downtown Belleville. The property boasts a serene park-like setting at the rear, featuring a retention pond. Formerly a veterinarian office, the property presents opportunities for a new or expanding practice.

    Local Financial Insights For Healthcare Medical

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $116.2k $20.04
    − Vacancy −$14.4k −$2.49
    EGI $101.8k $17.55
    − OpEx −$40.7k −$7.02
    NOI $61.1k $10.53
    5,800 SF · lease $20.04/SF/yr · vacancy 12.42% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $872.5K
    $763.5K – $1.02M (±1% cap)
    NOI $61,078 @ 7.0% cap · market cap 8.73%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $1.07M
    $939.6K – $1.25M (±1% cap)
    NOI $75,168 @ 7.0% cap · market cap 10.74%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Belleville
    County
    Wayne
    State
    Michigan
    Longitude
    -83.484856
    Latitude
    42.19937

    FAQs

    What type of property is this?
    Medical center - Remodeled medical facility with surgical units and ample parking.
    Where is this medical center located?
    The property is located at 435 Sumpter Rd Belleville, MI.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: Fully remodeled medical facility available for immediate occupancy.; Prime location with frontage on Sumpter Rd, minutes from downtown Belleville.; Equipped with **five exam rooms, surgical prep room with two surgical units, and X‑ray room.**
    More about this property
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