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    19992 Kelly Rd Harper Woods, MI 48225-1919
    Property profile & analytics

    19992 Kelly Rd Harper Woods, MI 48225-1919


    • Office buildings
    • 21,302 SF
    • 1.12 lot acres
    Off-Market
    Last Sale Jan 29, 2025
    $1,090,000
    Property ID
    US43-4720129
    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
    $1,015,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 19992 Kelly Rd

    Year built
    1954
    Lot size
    1.12 lot acres
    Property size
    21,302 SF
    Zone code
    C-1
    Property type
    Office buildings
    APN
    42 005 02 0001 000
    APU
    42005020001000

    Description

    This exceptional two-story medical office building, totaling 21,451 square feet, presents a fantastic owner-user or investment opportunity in Wayne County. Situated on a 1.11-acre lot, the Class B building boasts convenient access to major thoroughfares, including I-94 and I-696, ensuring effortless commutes for both staff and patients. Constructed in 1958, the property offers a blend of established infrastructure and potential for modernization. Currently, 10,000 square feet of space is available for lease or sale, with flexible options ranging from a minimum of 700 square feet to a maximum contiguous space of 4,600 square feet. The building is ideally suited for multiple tenants, offering a variety of configurations to accommodate diverse medical practices. A gated parking lot provides ample and secure parking for staff and visitors. The strategic location near a hospital and the Eastland Commerce Center further enhances its appeal, offering proximity to a robust healthcare network and a thriving business community. The asking price for the entire building is $1,050,000, while lease rates are $10 per square foot, plus electricity. This property represents a rare opportunity to acquire a well-located, versatile medical office building with significant upside potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,000,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $949,000
      Market price range: $541k - $2.17M
      AI Estimate
      $946,000
      Market price range: $557k - $2.17M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,315,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,615,000
      Change: +23% Conversion: Difficult
      RETAIL STORES
      $1,470,000
      Change: +12% Conversion: Moderate
      MEDICAL BUILDING
      $1,340,000
      Change: +2% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,290,000
      Change: -2% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Harper Woods
    County
    Wayne
    State
    Michigan
    Longitude
    -82.9452
    Latitude
    42.4437
    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
    2023
    $39,205
    $0.00
    $0.00
    $365,700
    -
    $0.00
    $0.00
    $731,400
    More about this property
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