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Property profile & analytics
OFF-MARKET
Specialty properties

19200 Allen Rd Brownstown Twp, MI 48183-1065

2,122 SF 1.46 ac lot Built 1989
Individually Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-1164413
Property summary
AI-generated overview

This exceptional 4,244-square-foot medical office building, located at 19200 Allen Road in Brownstown Charter Township, Michigan, presents a unique investment opportunity. Situated on a generous 1.46-acre lot, the property offers ample space and parking. Built in 1989, the building is zoned B-3, General Business District, providing flexibility for a variety of medical uses. The entire building (4,244 square feet) is currently vacant and available for lease as a single-tenant space. The property boasts 20 total parking spaces, ensuring convenient access for patients and staff. Its location in Wayne County, with a zip code of 48183, offers excellent visibility and accessibility. The property's APN is #70-031-01-0004-301. This is an ideal opportunity for a medical practice seeking a well-maintained, spacious, and conveniently located facility. The property's single-tenant occupancy provides a streamlined and efficient operational environment. The ample parking and zoning flexibility make this a highly desirable location for a variety of medical businesses. This turnkey property is ready for immediate occupancy.

Property profile
Verified
Property type Specialty properties
Use group KENNEL
Year built 1989
Total area 2,122 SF
Lot 1.46 ac (63,598 SF)
Zoning code B-3
APN 70 031 01 0004 301
UPID US43-1164413
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
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
First Merchants Bk · 5 yrs held
First Merchants Bk
since 2020
Last sale
$380,608
3 recorded transactions
2020
$380,608
2020
$425,000
1969
Price N/A
Zoning & alternative use
B-3 · Brownstown Twp, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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