11670 Martin Rd, Warren, MI 48093-4511
This exceptional 6,000 square foot medical office building in Warren, Michigan, presents a compelling owner-user opportunity. Located at 11670 Martin Road, this single-story, Class C building boasts two units currently configured for medical practices. The property sits on a 0.681-acre lot and features prominent road signage, ensuring high visibility. Currently, 75% of the building is occupied by the seller, while the remaining 25% is leased to a dentist on a month-to-month basis, providing immediate income potential. The building was constructed in 1976 and benefits from its convenient location near Ascension Macomb Hospital and easy access to I-696. A significant improvement is planned: a new parking lot is scheduled for completion in May 2024. The property is zoned for office use and has a listed asking price of $429,000. This presents a rare chance to acquire a well-situated medical office building with potential for immediate occupancy and future growth. The property's APN is 12-13-14-301-114. This is a 50% occupied property with significant upside potential for the right buyer.
-
Kaiser Medical Center Medical Clinic
-
Dr. Radha K. Chitturi, MD Physician
-
Asima S Hussain Md Pediatrician Physician
-
Dr. Elango Edhayan, MD Physician
-
Collazo Luis M MD Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MZ · Warren, MIWarren. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.