1307 Frd Ave, Wyandotte, MI 48192-3823
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.