7050 Grafton Rd, Newport, MI 48166
This exceptional single-tenant medical or commercial office building, located at 7050 Grafton Suite 4, Newport, MI, offers 4,050 square feet of versatile space. Situated on a generous 8.9-acre lot, this high-visibility property enjoys a central location just off Telegraph Road, ensuring excellent traffic flow and accessibility. Built in 1992, the building provides a flexible layout suitable for a range of professional uses, from small medical practices to larger businesses. The property's prominent position makes it ideal for businesses seeking high visibility and convenient access for clients and employees. The single-tenant occupancy provides a streamlined operational environment. This presents a unique opportunity to establish or expand your business in a thriving community. The ample lot size offers potential for future expansion or development. The property is classified as both office and land, offering significant flexibility for the prospective buyer or tenant. This is a rare opportunity to acquire a well-maintained, strategically located property in Monroe County. The building's size and location make it an attractive option for businesses seeking a strong presence in a growing market. Don't miss this chance to secure a prime commercial space in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.