Property profile

1974 N Huron River Dr Ypsilanti, MI 48197

FOR LEASE
Medical Office Space
Property ID
US43-0047700
15,232 SF 1.15 ac lot Built 2008
Entity Owned 19-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 2,086-square-foot medical office space is available for lease in a desirable Ypsilanti, Michigan location. Situated within a two-story, 15,232-square-foot building constructed in 2008, this single-tenant space boasts abundant natural light, high ceilings, and numerous windows offering scenic views. The space is ideal for immediate build-out and is well-suited for various medical uses, including general practice, physical therapy, or allergy clinics. Proposed plans are available. Located at 1974 N Huron River Dr, Ypsilanti, MI 48197 (APN: K -11-06-100-003, J -10-31-400-009), this property enjoys a prime location near Trinity Health Campus, IHA Medical Office Parks, Kellogg Eye Center, Washtenaw Community College, and Eastern Michigan University. Established retail and residential areas are also nearby, with convenient access to US-23. The building offers 40 total parking spaces, ensuring ample parking for staff and clients. The lease rate is $20 per square foot, gross, plus utilities. The zoning is Office. This is a fantastic opportunity to establish or expand your medical practice in a thriving community.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2008
Total area 15,232 SF
Lot 1.15 ac (50,094 SF)
APN K -11-06-100-003
UPID US43-0047700

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician
  • Financial Advisor
  • Ophthalmologist
  • Ophthalmologist
  • Ophthalmologist

Location

1974 N Huron River Dr Ypsilanti, MI 48197
Ypsilanti metro Census 407000 ANN ARBOR, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2007
3 recorded transactions
2007
Price N/A
1969
Price N/A
1969
Price N/A

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message