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    OFF-MARKET
    Medical Office Space

    1307 Frd Ave, Wyandotte, MI 48192-3823

    3,748 SF 0.26 ac lot Built 1986
    Individually Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US43-2616794
    Property summary
    AI-generated overview

    This exceptional 3,748 square foot medical office building, located at 1307 Ford Avenue in Wyandotte, Michigan, presents a compelling investment opportunity. Built in 1986, this freestanding building sits on a 0.26-acre lot and is zoned B-1, offering flexibility for a variety of medical uses. The property boasts ample parking with 19 spaces, ensuring convenient access for patients and staff. The asking price is $395,000, representing a significant price reduction. Alternatively, the property is available for lease at a rate of $14.00 per square foot, triple net (NNN). Its prime location offers easy access to major expressways and is conveniently situated minutes away from Henry Ford Wyandotte Hospital, making it an ideal location for medical professionals seeking high visibility and patient accessibility. The property's APN is 57-013-07-0045-000. This well-maintained building provides a turnkey solution for established or emerging medical practices seeking a strategic location within a thriving community. The property's proximity to other area hospitals further enhances its appeal. This is a rare opportunity to acquire a well-positioned medical office building in a desirable location.

    Property profile
    Verified
    Property type Medical Office Space
    Use group DENTAL BUILDING
    Year built 1986
    Total area 3,748 SF
    Lot 0.26 ac (11,326 SF)
    APN 57 013 07 0045 000
    UPID US43-2616794
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Jiab Suleiman · 1 yrs held
    Jiab Suleiman
    since 2024
    Last sale
    $360,000
    7 recorded transactions
    2024
    2024
    $360,000
    2018
    2006
    $525,000
    2006
    2006
    $295,847
    2006
    $525,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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