51863 Schoenherr Rd Shelby Charter Township, MI 48315
- Office buildings
- 1,464 SF
- 0.15 lot acres
Current Use by Public Records
- Michael Saba DMD (Dr. SABA) / Dentist
- Atticus Wealth Management / Investment Service / Financial Planner
- Faith Investment Services / Financial Consultant
- Tiffany M Danyal / Dentist
- Brush Rinse Floss of Shelby / Dentist / Teeth Whitening Service
Property Details for 51863 Schoenherr Rd
- Year built
- 2001
- Lot size
- 0.15 lot acres
- Property size
- 1,464 SF
- Zone code
- LM
- Property type
- Office buildings
- APN
- 23-07-14-444-101
- APU
- 230714444101
Description
This exceptional 14,440 square foot mixed-use property, located at 51863 Schoenherr Road in Shelby Charter Township, Michigan, 48315, presents a unique investment opportunity. The building features a beautifully appointed 3,200 square foot medical condo, perfectly suited for a variety of healthcare uses. Ideal tenants could include surgical centers, occupational medicine practices, injury repair clinics, or direct testing facilities. The condo boasts five exam rooms, a spacious reception and waiting area, a dedicated X-ray room, a patient room, two private offices, a laboratory, and a convenient kitchen. Ample parking is available, ensuring easy ingress and egress for patients and staff. The property also benefits from prominent exterior building signage, enhancing visibility and attracting potential clients. This turnkey medical condo is ready for immediate occupancy, offering a seamless transition for new businesses. The location within Macomb County provides excellent access to a large and growing patient base. This is a rare opportunity to acquire a well-equipped and strategically located medical office space in a thriving community. The property's size and features make it an attractive option for both established practices seeking expansion and new ventures looking for a move-in ready space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $260,000
- 6.5%
- $270,000
- 7%
- $295,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $300,000
- Geo Method
- $270,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $230,000
- Retail
- $230,000
- Mixed-Use
- $280,000
- Hospitality
- $295,000
- Educational
- $295,000
- Residential Income
- $280,000
- Energy
- $270,000
- Income-Based Land
- $315,000
- Food Service
- $285,000
Location Insight
- Map
- Local Demand
- City
- Shelby Township
- County
- Macomb
- State
- Michigan
- Longitude
- -82.9962
- Latitude
- 42.676
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
