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Property profile & analytics

1623 Ford Ave Wyandotte, MI 48192

  • Medical offices
  • 2,793 SF
  • 0.22 lot acres
Value Estimation
Last Sale
Jul 01, 2024
$290,618
Location Intelligence
Property ID
US43-0976238
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

  • Medical offices

Property Details for 1623 Ford Ave

Lot size
0.22 lot acres
Property size
2,793 SF
Property type
Medical offices
Property subtype
Medical centers
APN
57 016 02 0316 300
APU
57016020316300

Description

This exceptional 2,793-square-foot Class B medical office building, situated at 1623 Ford Ave in Wyandotte, Michigan, presents a compelling investment opportunity. Constructed in 1956, the property boasts a prime corner location on busy Ford Avenue (Northline), near Fort Street, ensuring high visibility and accessibility. The building's interior features six exam rooms, a dedicated lab, and an X-ray facility, along with additional versatile office space. This adaptable layout makes it ideal for a variety of medical practices or other office uses, and even presents potential for retail adaptation. Its strategic location offers unparalleled convenience, being just minutes away from both Henry Ford Wyandotte Hospital and Trenton Beaumont, making it an attractive option for healthcare professionals seeking proximity to major medical centers. The property is available for both sale and lease, providing flexibility for potential buyers and tenants. The building's location on a major thoroughfare in Wayne County, Michigan, zip code 48192, ensures excellent exposure and accessibility for patients and clients. This is a rare opportunity to acquire a well-established medical office building in a thriving community.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $290,000
  • CAP approach

    CAP return
    Estimation
    6%
    $375,000
    6.5%
    $355,000
    7%
    $390,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $310,000
    Geo Method
    $345,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $290,000
    Retail
    $310,000
    Mixed-Use
    $335,000
    Hospitality
    $330,000
    Educational
    $305,000
    Residential Income
    $345,000
    Energy
    $345,000
    Income-Based Land
    $375,000
    Food Service
    $350,000

Location Insight

  • Map
  • Local Demand
City
Wyandotte
County
Wayne
State
Michigan
Longitude
-83.1724
Latitude
42.2136
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN 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
$8,859
$0.00
$0.00
$143,100
-
$0.00
$0.00
$286,200
More about this property
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