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Property profile & analytics

1542 West Maple Ave Adrian, MI 49221

  • Commercial real estate
  • 2,900 SF
  • 0.54 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-1640969
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 1542 West Maple Ave

Year built
1992
Lot size
0.54 lot acres
Property size
2,900 SF
Zone code
B-1
Property type
Commercial real estate
APN
XA0-100-0308-03
APU
XA0100030803

Description

This exceptional 5,800 square foot industrial property, situated on a 0.54-acre lot at 1542 West Maple in Adrian, MI, presents a unique investment opportunity. The building boasts two levels, previously configured for medical and therapeutic uses. The upper level, formerly an Obstetrics and Gynecological practice, offers ample space for a variety of professional office uses. The lower level is currently leased to an orthopedic massage business, with the seller committed to extending the lease for one year post-closing. This provides immediate rental income of $1,050 per month. The first level is available for immediate occupancy, offering flexibility for owner-occupancy or additional leasing potential. The building is exceptionally well-maintained, reflecting a high standard of ownership. A detailed inventory and improvements list is available for serious inquiries. The property is serviced by well and sewer, ensuring reliable utilities. This property is priced at $550,000 and represents a strong value in the Adrian commercial real estate market. Its versatile layout, existing rental income, and prime West Adrian location make it an attractive investment for both seasoned and emerging investors. Don't miss this chance to acquire a well-maintained, income-producing property with significant upside potential.


Value Estimations

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Location Insight

  • Map
  • Local Demand
City
Adrian
County
Lenawee
State
Michigan
Longitude
-84.0665
Latitude
41.9059
CBSA code
10300
CBSA name
ADRIAN, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,755
$0.00
$0.00
$247,500
-
$0.00
$0.00
$495,000
More about this property
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