10127 Marine City Hwy Ira Twp, MI 48023
- Medical offices
- 10,030 SF
- 3.88 lot acres
Current Use by Public Records
- Dr. Antonino G. Colombo, MD / Doctor
- Mobley Robert G MD / Ophthalmologist
- Edward Jones - Financial Advisor: Kimberley Greenwald / Investment Service / Stock Broker
- Edward Jones - Financial Advisor: Pat Dorcey, AAMS™ / Investment Service / Finance Broker
- Nielubowicz Wendy OD / Optometrist
Property Details for 10127 Marine City Hwy
- Year built
- 2004
- Lot size
- 3.88 lot acres
- Property size
- 10,030 SF
- Zone code
- I-2
- Property type
- Medical offices
- Property subtype
- Medical space
- APN
- 74-23-130-0001-000
- APU
- 74231300001000
Description
This single-story, Class B medical office building, totaling 10,000 square feet, presents a unique investment opportunity in Ira Township, Michigan. Built in 2004, the property sits on one acre of land and boasts 67 total parking spaces, ensuring ample convenience for patients and staff. The building is currently comprised of two suites, with 6,320 square feet of vacant space available for lease. Flexible space options are available, ranging from a minimum of 2,460 square feet to a maximum contiguous space of 3,860 square feet, catering to various practice sizes and needs. The property's convenient location offers excellent accessibility, situated near the intersection of I-94 and 26 Mile Road (Marine City Highway), ensuring high visibility and easy access for patients and employees. The building is zoned for office use and is located in St. Clair County, Michigan, with a zip code of 48023. Annual property taxes are $4.04 per square foot. This presents a rare chance to acquire a well-located medical office building with significant potential for growth and immediate occupancy. The property's strategic location and flexible space options make it an ideal choice for a variety of medical practices seeking a prominent presence in a thriving community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $995,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $900,000
- 6.5%
- $930,000
- 7%
- $900,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,065,000
- Geo Method
- $865,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,065,000
- Retail
- $975,000
- Mixed-Use
- $955,000
- Hospitality
- $860,000
- Educational
- $1,175,000
- Residential Income
- $865,000
- Energy
- $1,180,000
- Income-Based Land
- $850,000
- Food Service
- $955,000
Location Insight
- Map
- Local Demand
- City
- Ira
- County
- St. Clair
- State
- Michigan
- Longitude
- -82.7262
- Latitude
- 42.7203
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
