905 Macomb St Monroe, MI 48162
- Office buildings
- 7,371 SF
- 1.86 lot acres
Current Use by Public Records
- Hiras Pharmacy / Pharmacy
- Mark A Snider Md / Family Practice Physician
- Mercy Memorial Family Medicine / Family Practice Physician / Medical Clinic
- Monroe Urology Associates / Urology Clinic / Doctor
- Dr. Cornelio Naguit / Geriatrician
Property Details for 905 Macomb St
- Year built
- 1979
- Construction
- WOOD FRAME
- Lot size
- 1.86 lot acres
- Property size
- 7,371 SF
- Zone code
- R-1A
- Property type
- Office buildings
- APN
- 55-69-01231-003
- APU
- 556901231003
Description
This exceptional 2,560 square foot medical office suite is located in a professional medical complex at 905 N Macomb #3, Monroe, MI 48162. The suite boasts high visibility and a highly convenient location directly across from Promedica hospital and surrounded by numerous other medical facilities, ensuring excellent patient access and a strong referral network. The space is currently configured to include a reception area, a comfortable waiting room, two private offices ideal for consultations or administrative tasks, a dedicated lab space, and four well-appointed exam rooms. A single restroom is also included. Ample parking is available for both staff and patients, enhancing the overall convenience of the location. The suite is offered as a gross lease, simplifying the financial aspects of tenancy. This turnkey medical office space presents a fantastic opportunity for medical professionals seeking a well-established and easily accessible location to serve their patients. The property is situated in Monroe County, Michigan, and offers a single available space within a multi-tenant building.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $540,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $570,000
- 6.5%
- $545,000
- 7%
- $575,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $690,000
- Geo Method
- $565,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $555,000
- Retail
- $585,000
- Mixed-Use
- $580,000
- Hospitality
- $710,000
- Educational
- $670,000
- Residential Income
- $605,000
- Energy
- $520,000
- Income-Based Land
- $645,000
- Food Service
- $545,000
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Monroe
- State
- Michigan
- Longitude
- -83.3886
- Latitude
- 41.9272
- CBSA code
- 33780
- CBSA name
- MONROE, MI METROPOLITAN STATISTICAL AREA
