Property profile

20710 Plymouth Rd Detroit, MI 48228

OFF-MARKET
Medical Office Space
Property ID
US43-1692427
9,452 SF 0.23 ac lot Built 1990
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1990
Total area 9,452 SF
Lot 0.23 ac (10,019 SF)
Zoning code B4
APN 22005579.002L
UPID US43-1692427

Cap rate & NOI

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

Location

20710 Plymouth Rd Detroit, MI 48228-1227
Detroit metro Census 547000 DETROIT-WARREN-LIVONIA, 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
$633k
Blend (final) Blend
$375k

Owner & transaction history

since 2018
3 recorded transactions
2021
Price N/A
2018
Price N/A
1969
Price N/A

Zoning & alternative use

B4 · Detroit, MI
Zoning description

), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4)…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $865,000 +44.9%
Restaurant $860,000 +44.8%
Neighborhood: shopping center $715,000 +20.2%

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?”
You own 20710 Plymouth Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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