Property profile

18241 Mcnichols Rd Detroit, MI 48219

OFF-MARKET
Medical Office Space
Property ID
US43-5020446
4,076 SF 0.18 ac lot Built 1957
Entity Owned 11-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 1957
Total area 4,076 SF
Lot 0.18 ac (7,841 SF)
Zoning code B4
APN 22013147-50
UPID US43-5020446

Cap rate & NOI

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

Location

18241 Mcnichols Rd Detroit, MI 48219-4176
Detroit metro Census 543100 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$290k

Owner & transaction history

since 2015
5 recorded transactions
2018
Price N/A
2015
Price N/A
2013
$3,500
2012
$20,000
2010
$52,500

Zoning & alternative use

B4 · Detroit, MI
Zoning description

), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4)…

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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