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    OFF-MARKET
    Medical Office Space

    13118 Ft St, Southgate, MI 48195-1102

    1,170 SF 0.04 ac lot Built 1957
    Trust Owned 11-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-1846225
    Property summary
    AI-generated overview

    This Southgate, MI industrial property offers 1,170 square feet of space on a 0.04-acre lot at 13118 SW Fort. Its prime location on Fort Street provides excellent visibility and high traffic exposure, making it ideal for a variety of businesses. The building boasts a newer roof and air conditioning unit, minimizing maintenance concerns and ensuring a comfortable working environment. The property's versatility is further enhanced by the potential to acquire an adjacent building, offering opportunities for expansion or diversification of operations. The seller is motivated and open to a land contract, providing flexible financing options for potential buyers. This presents a compelling opportunity for entrepreneurs and businesses seeking a well-maintained, conveniently located industrial space in a high-traffic area. The property's size and location make it suitable for office or retail use, depending on the buyer's needs and preferences. The availability of a land contract adds to the attractiveness of this investment opportunity.

    Property profile
    Verified
    Property type Medical Office Space
    Use group DENTAL BUILDING
    Year built 1957
    Total area 1,170 SF
    Lot 0.04 ac (1,742 SF)
    Zoning code C-1 COMM BUS
    APN 53 017 02 0087 001
    UPID US43-1846225
    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
    • CB's Computer and Electronic Repair - computer, cellphone & tablet repair Computer & Electronic Repair
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Nazareno,sesinando G & A P Trust · 11 yrs held
    Nazareno,sesinando G & A P Trust
    since 2014
    1 recorded transaction
    2014
    Zoning & alternative use
    C-1 COMM BUS · Southgate, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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