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Property profile & analytics
OFF-MARKET
Estimated value
$1,620,000
Medical Office Space
14061 13th Mile Rd, Warren, MI 48088-5866
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-1350378
Property summary
AI-generated overview
This Warren, MI office space, located at 14061 E Thirteen Mile Rd (13 Mile East of Schoenherr), offers 871 square feet of immediately available space in a two-building complex. The property, built in 1984, is zoned for office use and features ample parking. The single-story building is classified as Class B and sits on a 2.91-acre lot. The suite is part of a multi-tenant building with a minimum divisible space of 871 square feet, which is also the maximum contiguous space currently available. The total building size is 21,703 square feet. No elevators are present. The property's Macomb County location offers convenient access to major thoroughfares. The monthly lease rate is $1,000, and the lease type is gross. The property's APN is 12-13-01-376-033. This space is ideal for executive, medical, or traditional office uses.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1984
Total area
21,762 SF
Lot
2.91 ac (126,847 SF)
Zoning code
O
APN
12-13-01-376-033
UPID
US43-1350378
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
by Request
Comparable Approach
Comparable
$1.54M
Blend (final)
Blend
$1.62M
Owner & transaction history
Warren Healthcare Center LLC · 3 yrs held
Warren Healthcare Center LLC
since 2023
Last sale
$1.7M
2 recorded transactions
Zoning & alternative use
O · Warren, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.3M
+28.6%
Office building
$2.1M
+17.5%
Restaurant
$1.9M
+7.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Warren submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warren submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,710,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,755,000
Current use
RETAIL STORES
$2,255,000
Change: +29% · Conversion: Difficult
OFFICE BUILDING
$2,065,000
Change: +18% · Conversion: Easy
RESTAURANT
$1,880,000
Change: +7% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,695,000
Change: -3% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,470,000
Change: -16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,420,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$1.62M
Range $1.46M – $1.78M · ±10% · vs last sale $1.65M (Jun 20 2023)
Last sale anchor
$1.65M
Jun 20 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$74 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$50,313
Tax year 2022
Assessed value
$930,510
Assessed 2023
Previous assessed
$930,510
+0.0% YoY
Effective rate
5.41%
On assessed value
Total market value
$1,861,020
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1984
Heating
FORCED AIR
Stories
1
Total area
21,762 SF
Lot
2.91 ac (126,847 SF)
Zoning code
O
APN
12-13-01-376-033
UPID
US43-1350378
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
O · Warren, MI
Zoning O · permitted uses
O · Warren, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Warren. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.8M
RETAIL STORES
Est. value
$2.3M
OFFICE BUILDING
Est. value
$2.1M
RESTAURANT
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.7M
WAREHOUSE, STORAGE
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.4M
MEDICAL BUILDING Current
RETAIL STORES
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Heating
FORCED AIR
Stories
1
Lot
2.91 ac
Current owner
From public records · entity-resolved
Warren Healthcare Center LLC
Entity
Mailing address
6906 CHASE CT, WEST BLOOMFIELD, MI 48322-3292
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2023
$1,650,000
Warren Healthcare Center LLC
F & M Company LLC
Warranty Deed
$1,320,000 · First Community Bank
Jun 20, 2023
—
Warren Healthcare Center L L C
—
Deed
related
$1,320,000 · First Community Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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