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    19953 Conant St Detroit, MI 48234-1334

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    19953 Conant St Detroit, MI 48234-1334


    • Medical Office Space
    • 4,527 SF
    • 0.29 lot acres
    Off-Market
    Last Sale May 16, 2023
    Property ID
    US43-0380917
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Krauzers Walk In Clinic / Medical Clinic
    • Christopher P. Hurley, PT / Medical Clinic
    • Krauzers Pharmacy / Pharmacy
    • Gratitude house / Crisis Center / Medical Clinic

    Property Details for 19953 Conant St

    Year built
    1960
    Lot size
    0.29 lot acres
    Property size
    4,527 SF
    Zone code
    B4
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    09008499-504
    APU
    9008499504

    Description

    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.


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    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0797
    Latitude
    42.4408
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $7,361
    $0.00
    $0.00
    $110,500
    -
    $0.00
    $0.00
    $221,000
    More about this property
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