Property profile

7050 Grafton Rd Newport, MI 48166

OFF-MARKET
Office Spaces
4,050 SF
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Property summary

AI-generated overview

This exceptional single-tenant medical office and commercial space, located at 7050 Grafton Suite 2, Newport, MI 48166, offers 4,050 square feet of versatile space in a high-visibility location just off Telegraph Road. Situated on an 8.9-acre lot in Monroe County, this property boasts a prime location for businesses seeking high traffic and easy access. Built in 1992, the building is well-maintained and offers flexibility for a variety of professional uses, making it suitable for both small practices and larger businesses. The property is classified as Office and Land, with a single suite configuration. Its central location within a growing community provides excellent visibility and accessibility for clients and employees. This is a rare opportunity to secure a substantial and well-positioned property in a desirable area. The property's size and location make it an ideal choice for businesses seeking to establish or expand their presence in the Newport, Michigan market. The ample space and convenient access to major roadways offer significant advantages for any business. Don't miss this chance to secure this exceptional commercial real estate opportunity.

Property profile

Verified
Property type Office Spaces
Total area 4,050 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7050 Grafton Rd Newport, MI 48166
Newport metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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