Realmo Analytics
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Property summary
This single-story, 4,527 square foot medical office building presents a compelling value-add investment opportunity in Detroit, Michigan. Located at 19953 Conant Street, this property boasts a desirable location and features ample on-site gated parking. Built in 1960 and renovated in 2020, the building is classified as Class C and sits on a 0.29-acre lot. Currently vacant, the property offers a pro-forma net operating income (NOI) of $54,000, translating to a 13.52% pro-forma capitalization… rate at the asking price of $399,450 ($88.24 per square foot). The building's layout includes two specialty areas, eight rooms with sanitizing areas, two large private offices, two ADA-compliant bathrooms, a lab, a spacious reception area with a large lobby, and an additional large room. The property is zoned for multiple uses, including office, providing flexibility for future tenants. The lease type is NNN (Net, Net, Net), and the property is held under standard private ownership. The Wayne County Assessor's Parcel Number (APN) is 09008499504. This property is ideal for an investor seeking a strong return in a busy Detroit location. While previously occupied under a lease expiring in December 2024, the building is now available for immediate acquisition.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2020
Value estimate
· Oct 2026Realmo valuation models over county records and 15 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
5 recorded sales · 18 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 4,527 SF
- Lot area
- 0.29 ac
- Year built
- 1960
- Stories
- 1
- APN
- 09008499-504
- Zoning
- B4
- Assessed value · 2024
- $110,500
- Annual tax · 2020
- $7,361
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The B4 general business district provides for business and commercial uses of a thoroughfare oriented nature
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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