43650 Garfield Rd Clinton Township, MI 48038
- Office buildings
- 16,783 SF
- 1.72 lot acres
Current Use by Public Records
- Office buildings
Property Details for 43650 Garfield Rd
- Year built
- 2004
- Lot size
- 1.72 lot acres
- Property size
- 16,783 SF
- Zone code
- OS-1
- Property type
- Office buildings
- APN
- 16-11-05-300-023
- APU
- 161105300023
Description
This exceptional Class A medical office building, totaling 16,783 square feet, presents a unique investment opportunity in Macomb County. Built in 2004 and renovated in 2020, the two-story building boasts 6 suites, with 5,645 square feet currently vacant. The property features 82 parking spaces, a passenger elevator, and a 9-foot ceiling height. Three spaces are immediately available, ranging from 425 to 5,220 contiguous square feet, all "plug and play" ready for immediate occupancy. Suite 102 offers a fully equipped mobile imaging office with a truck well, private entry, and restroom. Suites 100 & 104 provide up to 13 exam/office rooms, fully furnished and built out, including a large waiting room, private kitchen, entrance, and restroom. The building enjoys high visibility with monument signage on Garfield Road, between Hall Road and 19 Mile Road. Conveniently located across from Henry Ford Hospital, this property offers easy access to hospitals, colleges, restaurants, and shopping. Additional building amenities include a backup generator, sprinkler system, and a private employee entrance and restroom. The property sits on 1.72 acres and is zoned OS-1. This is an ideal location for medical, dental, or other office uses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,920,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,675,000
- 6.5%
- $1,600,000
- 7%
- $1,885,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,000,000
- Geo Method
- $1,895,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,695,000
- Retail
- $1,575,000
- Mixed-Use
- $1,890,000
- Hospitality
- $1,755,000
- Educational
- $1,980,000
- Residential Income
- $1,990,000
- Energy
- $1,850,000
- Income-Based Land
- $1,645,000
- Food Service
- $1,895,000
Location Insight
- Map
- Local Demand
- City
- Clinton Township
- County
- Macomb
- State
- Michigan
- Longitude
- -82.9522
- Latitude
- 42.6175
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
