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Property profile & analytics
OFF-MARKET
Estimated value
$1,540,000
Medical Office Space
19725 Allen Rd, Brownstown Twp, MI 48183-1090
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-1383059
Property summary
AI-generated overview
This exceptional 16,924 square foot medical office building, constructed in 2004, is situated on a 1.34-acre lot in Brownstown Charter Township, Michigan, and zoned B-2. The property offers multiple tenancy options, with a minimum divisible space of 2,066 square feet and a maximum contiguous space of 4,842 square feet. Currently, there are 6,908 square feet of vacant space available, presenting a fantastic opportunity for expansion or new tenancy. The building boasts 72 convenient parking spaces for staff and patients. Its location at 19725 Allen Road, zip code 48183, provides excellent accessibility and visibility. The property's modern design and ample space make it ideal for a variety of medical practices. This is a rare opportunity to acquire a well-maintained, strategically located medical office building in a thriving community within Wayne County. The building's size and layout offer flexibility for various medical specialties, ensuring a comfortable and efficient workspace. Don't miss this chance to secure a prime location for your medical practice.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2004
Total area
16,924 SF
Lot
1.34 ac (58,370 SF)
Zoning code
B-2
APN
70 036 01 0004 000
UPID
US43-1383059
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
Current use
Occupant on record · Public records
-
Peter Ii Mancini Ii Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.54M
Blend (final)
Blend
$1.54M
Owner & transaction history
Z In Brownstown LLC · 3 yrs held
Z In Brownstown LLC
since 2022
2 recorded transactions
Zoning & alternative use
B-2 · Brownstown Twp, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.1M
+29.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Brownstown Twp submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brownstown Twp submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,595,000
Current use
COMMERCIAL (GENERAL)
$2,060,000
Change: +29% · Conversion: Easy
OFFICE BUILDING
$1,485,000
Change: -7% · Conversion: Easy
RETAIL STORES
$1,390,000
Change: -13% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,345,000
Change: -16% · Conversion: Difficult
RESTAURANT
$1,305,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.54M
Range $1.39M – $1.69M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$91 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$53,717
Tax year 2023
Assessed value
$865,200
Assessed 2024
Previous assessed
$846,000
+2.3% YoY
Effective rate
6.21%
On assessed value
Total market value
$1,730,400
Applied tax rate
82,365.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2004
Heating
FORCED AIR
Stories
2
Bathrooms
1
Total area
16,924 SF
Lot
1.34 ac (58,370 SF)
Zoning code
B-2
APN
70 036 01 0004 000
UPID
US43-1383059
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
B-2 · Brownstown Twp, MI
Zoning B-2 · permitted uses
B-2 · Brownstown Twp, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brownstown Twp. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$2.1M
OFFICE BUILDING
Est. value
$1.5M
RETAIL STORES
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
RESTAURANT
Est. value
$1.3M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Heating
FORCED AIR
Stories
2
Bathrooms
1
Lot
1.34 ac
Current owner
From public records · entity-resolved
Z In Brownstown LLC
Entity
Mailing address
40020 W 12TH MILE RD, NOVI, MI 48377-3612
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 7, 2022
—
Z In Brownstown LLC
Brownstown Medical Building LLC
Deed
$1,280,000 · The Farmers & Merchants State Bank
Jan 27, 2021
—
Brownstown Medical Building LLC
Slg Properties LLC
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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