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    FOR LEASE
    Medical Office Space

    10127 Marine City Hwy, Ira Twp, MI 48023

    10,030 SF 3.88 ac lot Built 2004
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US43-4511945
    Property summary
    AI-generated overview

    This single-story, Class B medical office building, totaling 10,000 square feet, presents a unique investment opportunity in Ira Township, Michigan. Built in 2004, the property sits on one acre of land and boasts 67 total parking spaces, ensuring ample convenience for patients and staff. The building is currently comprised of two suites, with 6,320 square feet of vacant space available for lease. Flexible space options are available, ranging from a minimum of 2,460 square feet to a maximum contiguous space of 3,860 square feet, catering to various practice sizes and needs. The property's convenient location offers excellent accessibility, situated near the intersection of I-94 and 26 Mile Road (Marine City Highway), ensuring high visibility and easy access for patients and employees. The building is zoned for office use and is located in St. Clair County, Michigan, with a zip code of 48023. Annual property taxes are $4.04 per square foot. This presents a rare chance to acquire a well-located medical office building with significant potential for growth and immediate occupancy. The property's strategic location and flexible space options make it an ideal choice for a variety of medical practices seeking a prominent presence in a thriving community.

    Property profile
    Verified
    Property type Medical Office Space
    Use group DENTAL BUILDING
    Year built 2004
    Total area 10,030 SF
    Lot 3.88 ac (169,187 SF)
    Zoning code I-2
    APN 74-23-130-0001-000
    UPID US43-4511945
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Dr. Antonino G. Colombo, MD Physician
    • Mobley Robert G MD Ophthalmologist
    • Edward Jones - Financial Advisor: Kimberley Greenwald Financial Advisor
    • Edward Jones - Financial Advisor: Pat Dorcey, AAMS™ Financial Advisor
    • Nielubowicz Wendy OD Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $955k
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $935k
    Owner & transaction history
    One Eleven Investments LLC · 5 yrs held
    One Eleven Investments LLC
    since 2020
    Last sale
    $899,997
    7 recorded transactions
    2020
    $899,997
    2020
    $709,814
    2018
    2011
    1969
    1969
    1969
    Zoning & alternative use
    I-2 · Ira, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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