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    21321 Kelly Rd Eastpointe, MI 48021-3214
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    Property profile & analytics

    21321 Kelly Rd Eastpointe, MI 48021-3214


    • Office buildings
    • 6,690 SF
    • 0.26 lot acres
    Off-Market
    Last Sale Jan 11, 2024
    $800,000
    Property ID
    US43-1113635
    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
    $800,000
    Show details
    Cap Rate Potential
    3.1%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • TJ Plumbing and Heating / Plumbing Service / General Contractor
    • Monahan-Ide LLC / Construction Company / General Contractor
    • Monahan Co / Construction Company / General Contractor
    • Edward Monahan V Inc / Construction Company / General Contractor

    Property Details for 21321 Kelly Rd

    Year built
    1975
    Lot size
    0.26 lot acres
    Property size
    6,690 SF
    Zone code
    B-1
    Property type
    Office buildings
    APN
    02-14-32-330-038
    APU
    21432330038

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $800,000
      ML approach
      $800,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $591,000
      Market price range: $416k - $891k
      AI Estimate
      $591,000
      Market price range: $416k - $891k
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $635,000
      Current use
      RESTAURANT
      $950,000
      Change: +50% Conversion: Moderate
      MEDICAL BUILDING
      $820,000
      Change: +30% Conversion: Easy
      COMMERCIAL (GENERAL)
      $690,000
      Change: +8% Conversion: Easy
      AUTO REPAIR, GARAGE
      $575,000
      Change: -9% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Eastpointe
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9371
    Latitude
    42.4551
    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
    2022
    $14,508
    $0.00
    $0.00
    $265,100
    -
    $0.00
    $0.00
    $530,200
    More about this property
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