Entity Owned Property summary
This 5,250 square foot, single-story medical office building is located at 14071 E. Seven Mile Rd in Detroit, MI 48205, Wayne County. Built in 1988, the property sits on 0.40 acres and features 25 surface parking spaces. Currently 100% occupied by an established primary care and walk-in clinic, including a pharmacy tenant, this Class C building offers excellent visibility and high traffic counts due to its frontage on Seven Mile Road. The B-3 zoning allows for a variety of uses. The asking price is $700,000, translating to $133.33 per square foot. This presents a strong investment opportunity in a densely populated area with significant commercial and retail activity. The property consists of one building and one unit. This is a single-tenant property.
Property profile
VerifiedCap rate & NOI
Current use
-
Physician
-
Physician
-
Pharmacy
-
Medical Clinic
-
Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Ord. No. 11-05, § 1(61-7-2), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3)…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
B3 · Detroit, MIOrd. No. 11-05, § 1(61-7-2), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3)…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Ord. No. 11-05, § 1(61-7-2), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3)…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B3 in Detroit, MI.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
