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    Property profile & analytics
    OFF-MARKET Estimated value $10,345,000
    Distribution centers

    22800 Hall Rd, Clinton Township, MI 48036-4804

    98,014 SF 8.69 ac lot Built 1988
    Entity Owned 21-yr Hold ~ Est. High Equity
    Property ID
    US43-1407928
    Property summary
    AI-generated overview

    This exceptional 2,915 square foot medical office space is available for sublease, offering a turnkey solution for healthcare professionals. Located at 22800 Hall Road in Macomb County, this single-story building boasts a prime location with excellent traffic counts and visibility, enhanced by prominent monument signage. Built in 1988, the property features ample natural light thanks to an excellent window line. The space is part of a larger 47,704 square foot building situated on a generous 8.68-acre lot, zoned I-1. The building offers "plenty" of parking spaces for staff and clients. This Class C building provides a cost-effective option for medical practices seeking immediate occupancy. The sublease has one year remaining. The interior was previously used as a staffing agency, offering a functional layout ready for adaptation to various medical specialties. The property includes package heating and cooling. The minimum divisible space is 2,915 square feet, and the maximum contiguous space available is also 2,915 square feet. The property's address is 22800 Hall Road, with a cross street of Hall Road West of Groesbeck. The Assessor's Parcel Number (APN) is 16-11-02-200-083.

    Property profile
    Verified
    Property type Distribution centers
    Use group DISTRIBUTION WAREHOUSE
    Year built 1988
    Total area 98,014 SF
    Lot 8.69 ac (378,493 SF)
    Zoning code I-1
    APN 16-11-02-200-083
    UPID US43-1407928
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $10.35M
    Blend (final) Blend
    $10.35M
    Owner & transaction history
    Salvino & Sons LLC
    Salvino & Sons LLC
    1 recorded transaction
    1969
    Zoning & alternative use
    I-1 · Clinton Township, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $13.9M +110.2%
    Medical building $12.0M +82.1%
    Retail stores $11.9M +80.0%
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