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    19 Mile Rd Clinton Township, MI 48038
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    Property profile & analytics

    19 Mile Rd Clinton Township, MI 48038


    • Commercial land
    • 16.43 lot acres
    Off-Market
    Last Sale Jun 17, 2024
    Property ID
    US43-4285125
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 19 Mile Rd

    Lot size
    16.43 lot acres
    Zone code
    OS-2
    Property type
    Commercial land
    APN
    16-11-06-400-049
    APU
    161106400049

    Description

    This exceptional 8,550 square foot medical office building presents a compelling investment opportunity in Clinton Township, Michigan. Located on 19 Mile Rd, near Hayes Rd, in Macomb County, zip code 48038, this property boasts a 90% occupancy rate across its eight units. Built in 1980, the building offers a strong foundation for immediate income generation. The asking price is $1,500,000, translating to a price per square foot of $175.44. The high occupancy rate and strong location in a desirable area make this a low-risk, high-reward investment. All units are currently leased, ensuring a steady stream of revenue from the moment of acquisition. This presents a rare chance to acquire a fully occupied, income-producing asset in a thriving market. The property's address is easily accessible and benefits from high visibility. This is an ideal opportunity for investors seeking a stable and profitable addition to their portfolio. Further details are available upon request. This is a motivated seller situation.


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    City
    Clinton Township
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9567
    Latitude
    42.6146
    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
    2022
    $21,017
    $0.00
    $0.00
    $1,299,300
    -
    $0.00
    $0.00
    $2,598,600
    More about this property
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