Property profile

1750 Busha Hwy Marysville, MI 48040

FOR SALE
Medical Office Space
Property ID
US43-4511084
3,000 SF 1.01 ac lot Built 1968
Individually Owned 6-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional medical office building, located at 1750 Busha Hwy in Marysville, Michigan, 48040, presents a unique investment opportunity. The property boasts a total of 4,445 square feet and is offered at an asking price of $600,000, translating to $134.98 per square foot. Previously utilized as a medical facility, the building features a well-designed layout ideal for continued medical use or adaptive reuse. The interior comprises eight exam rooms, providing ample space for patient consultations. Two dedicated lab areas offer flexibility for various medical specialties. Three bathrooms ensure convenience for both staff and patients. Two private doctor's offices provide comfortable spaces for consultations and administrative tasks. A designated break room offers a relaxing space for staff. The building also includes two separate check-in and lobby areas, enhancing patient flow and organization. A significant advantage is the large storage area located at the rear of the building, accessible via an overhead door, providing ample space for equipment or supplies. This property is situated in St. Clair County and offers excellent visibility and accessibility. The building's layout and features make it an attractive option for a variety of medical practices or businesses seeking a well-maintained and functional space. This is a rare opportunity to acquire a well-established medical office building in a desirable location.

Property profile

Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 1968
Total area 3,000 SF
Lot 1.01 ac (43,821 SF)
Zoning code RO
APN 74-03-051-0041-000
UPID US43-4511084

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
  • Pediatrician Physician
  • Pediatrician Physician
  • Home Health Care Service
  • Physician

Location

1750 Busha Hwy Marysville, MI 48040
Marysville metro Census 637200 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

Zoning & alternative use

RO · Marysville, MI
Zoning description

The Restricted Office District is intended to permit those office and restricted business uses which will provide opportunities for local employment close to residential areas, thus reducing travel to and from work

General category COMMERCIAL

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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