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 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.

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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