Property profile

1600 Commerce Park Dr 400 Chelsea, MI 48118

OFF-MARKET
Medical Office Space
Property ID
US43-0937678
2,250 SF 0.25 ac lot Built 2004
Entity Owned 19-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2004
Total area 2,250 SF
Lot 0.25 ac (10,890 SF)
Zoning code C3 HIG
APN 06-06-13-386-006
UPID US43-0937678

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Ophthalmologist
  • Alternative Medicine Practice
  • Medical Clinic
  • Eye Care Center Lasik Surgeon
  • Physician

Location

1600 Commerce Park Dr, Unit 400 Chelsea, MI 48118-1620
Chelsea metro Census 446200 ANN ARBOR, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$795k

Owner & transaction history

Zoning & alternative use

C3 HIG · Chelsea, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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