Financial
Distress signals
Property profile

16540 19 Mile Rd Clinton Township, MI 48038

FOR SALE
Retail residential properties
Property ID
US43-1002986
40,800 SF 2.91 ac lot Built 1990
Last sale Jan 2026 · $300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
16540 19 Mile Rd, Clinton Township, MI 48038 For Sale
$375,000 40,800 SF
16540 19 Mile Rd, Clinton Township, MI 48038
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Property summary

AI-generated overview

This exceptional 2,683 square foot medical office condo, situated at 16540 Nineteen Mile Road in Clinton Township, Michigan, presents a unique investment opportunity. Built in 1990, the property boasts a generous 2.42-acre lot, offering ample space and potential for expansion or future development. The building's classification as a medical office condo ensures it's ideally suited for a variety of healthcare practices. The property's location in Macomb County, Michigan, within the 48038 zip

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$6k
Tax billed · 2022
Assessed value · 2023$127k
Effective rate4.92%

Value estimate

· Sep 2026
$515k
$464k – $567k
NOI build-up
Gross scheduled income$47k
Vacancy & credit loss−$6k
Operating expenses−$17k
NOI · 6.63% cap applied$25k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$103/SF
County average, outlier-cleaned · 293 recorded sales of this use type
Observed band · Q1–Q3$56 – $169

Cap rate analysis

How does the asset earn?
6.63%
$25k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
OS-1
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.9
Kitchen & Bath11.7
Building Supply10.9

Location

16540 19 Mile Rd Clinton Township, MI 48038
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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