22100 Greater Mack AveSt. Clair Shores, MI 48080

  • Office properties
  • 12,996 SF
For Sale
$1,695,000 View listing

Property Details for 22100 Greater Mack Ave

Year built
1978
Lot size
0.77 AC
Property size (Sq ft)
12,996 SF
Zone code
B-1
Property type
Office properties
Property subtype
Office buildings
APN
09-14-34-330-001
APU
91434330001

Description

This 12,996-square-foot Class B medical office building, located at 22100 Great Mack Avenue in St. Clair Shores, Michigan (48080), is available for sale at $1,695,000. Built in 1985, the property sits on a 0.86-acre corner lot and is zoned CLD-Commercial. The building offers flexible space, with suites ranging from 2,245 to 9,263 square feet, with the option to lease or purchase the entire 12,996 square feet. Features include a common area lunch room and free basement storage. The property is ideally suited for medical or dental practices and presents a "plug and play" opportunity for immediate occupancy. Its desirable location in St. Clair Shores, near Grosse Pointe, offers excellent visibility and accessibility. The property's size and zoning also present redevelopment potential for future expansion or repurposing. The property's APN is 09-14-34-330-001. This is a prime opportunity to acquire a well-located medical office building in a thriving community.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,702,978
    6.5%
    $2,495,057
    7%
    $2,316,838
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,215,646
    Geo Method
    $1,215,646
  • Alternative Use

    Use
    Valuation
    Residential
    $3,093,870
    Hospitality
    $2,833,969
    Educational
    $2,357,829
    Medical
    $2,438,918
    Retail
    $3,667,734
22100 Greater Mack Ave, St. Clair Shores, Michigan
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Location Insight

City
Saint Clair Shores
County
Macomb
State
Michigan
Latitude
42.457
Longitude
-82.9014
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$26,347
-
-
$505,700
-
-
-
$1,011,400

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