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    OFF-MARKET
    Commercial land

    19 Mile Rd, Clinton Township, MI 48038

    16.43 ac lot
    Entity Owned 2-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-4285125
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 16.43 ac (715,865 SF)
    Zoning code OS-2
    APN 16-11-06-400-049
    UPID US43-4285125
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    County Of Macomb · 2 yrs held
    County Of Macomb
    since 2024
    1 recorded transaction
    2024
    Zoning & alternative use
    OS-2 · Clinton Township, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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