4014 River RdEast China, MI 48054

Property Details for 4014 River Rd

Year built

1990

Lot size

0.63 AC

Property size (Sq ft)

3,407 SF

Zone code

MC

Property type

Healthcare properties

Property subtype

Medical offices

APN

74-18-920-0001-000

APU

74189200001000

Description

This exceptional freestanding medical office building, located at 4014 River Road in East China, Michigan, presents a unique investment opportunity. The single-story, 4,259 square foot building, constructed in 1999, sits on a 1.26-acre lot and is currently zoned MC. The property boasts a convenient location, situated south of Puttygut Road, off M-29, between St. Clair and East China. Currently configured as two medical suites (1,459 sq ft and 2,800 sq ft), the entire 4,259 square feet is available, offering flexibility for a single tenant or the potential to lease individually. The building features ample parking with 65 spaces and a full basement. The property is classified as Class C and offers easy access to Ascension River District Hospital, making it an ideal location for medical practices. The minimum divisible space is 1,459 square feet, while the maximum contiguous space available is the entire 4,259 square feet. The property's APN is 74189200000000. This is a rare opportunity to acquire a well-located, versatile medical office building in a thriving community. The property's convenient location and ample parking make it an attractive option for a variety of medical uses. The building's size and layout offer flexibility for various tenant needs.

• CAP approach

  CAP return

  Valuation

  6%

  $708,606

  6.5%

  $654,098

  7%

  $607,377

• Comparable approach

  Method

  Valuation

  Relative Method

  $318,691

  Geo Method

  $318,691

• Alternative Use

  Use

  Valuation

  Residential

  $811,082

  Hospitality

  $742,946

  Educational

  $618,123

  Medical

  $639,381

  Retail

  $961,524

Location Insight

City

East China

County

St. Clair

State

Michigan

Latitude

42.7871

Longitude

-82.4809

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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