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    OFF-MARKET
    Commercial real estate

    16402 Seven Mile Rd, Detroit, MI 48235

    8,096 SF 0.45 ac lot Built 1948
    Entity Owned 1-yr Hold
    Property ID
    US43-4484241
    Property summary
    AI-generated overview

    This exceptional 3,514 square foot office space is available for lease in Heath, Ohio, situated on Hebron Road (SR 79). The property features a single-tenant occupancy, ideal for a business seeking a dedicated and private workspace. The layout includes one large room, providing flexibility for various office configurations. A key advantage is the double-sided signage opportunity, ensuring high visibility and brand recognition for your business. Convenient amenities are included, such as a restroom, water, and trash removal services. Furthermore, the property boasts ample parking, ensuring convenient access for employees and clients. The monthly rental rate is an attractive $600. The property's APN is 030-099630-00.000, and its cross street is Wayne. This is a fantastic opportunity for a business seeking a cost-effective and well-located office space in a convenient Heath location. The property is a single-tenant building with no additional suites. The lot size is not specified. This space offers a unique blend of affordability, convenience, and visibility, making it an ideal choice for a variety of businesses. Don't miss this chance to secure this exceptional office space.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1948
    Total area 8,096 SF
    Lot 0.45 ac (19,602 SF)
    APN 22017166-8
    UPID US43-4484241
    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
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    Owner & transaction history
    16402 W Seven Mile LLC · 1 yrs held
    16402 W Seven Mile LLC
    since 2024
    3 recorded transactions
    2024
    2018
    2018
    $80,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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