21321 Kelly Rd Eastpointe, MI 48021-3214
This exceptional 11,724 square foot medical office building, located at 21321 Kelly Rd in Eastpointe, Michigan, presents a compelling investment opportunity. Built in 1976, this single-story Class C building sits on a 0.5-acre lot and features 54 parking spaces. Currently operating as a multi-tenant property with an existing tenant in place, generating income, this property offers significant potential. The building is zoned MV1 and boasts excellent main road exposure, ideal for signage and visibility. A substantial portion of the building, 6,904 square feet, is also available for lease, providing further income potential or the opportunity to expand your existing practice. The asking price is $995,000, translating to $84.87 per square foot. This property is perfect for medical professionals, commercial enterprises, or investors seeking a strong return on investment in a prime Eastpointe location. The property's address is easily accessible and benefits from high traffic volume. The building's single-story design offers convenient access and functionality. This is a rare opportunity to acquire a well-located, income-producing property in a thriving market. The Macomb County location provides easy access to major transportation routes and amenities. The property's APN is 02-14-32-404-038.
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TJ Plumbing and Heating Plumbing Service General Contractor
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Monahan-Ide LLC Construction Company General Contractor
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Monahan Co Construction Company General Contractor
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Edward Monahan V Inc Construction Company General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Eastpointe, MICosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.