Property profile

22970 Northline Rd Taylor, MI 48180

OFF-MARKET
Medical Office Space
Property ID
US43-0895131
67,940 SF 12.79 ac lot Built 1974
Entity Owned 2-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1974
Total area 67,940 SF
Lot 12.79 ac (557,132 SF)
Zoning code O-1
APN 60 060 99 0014 000
UPID US43-0895131

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Medical Clinic
  • Medical Clinic
  • Retirement Community Nursing Home

Location

22970 Northline Rd Taylor, MI 48180-4696
Taylor metro Census 584200 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
$5.44M
Blend (final) Blend
$1.62M

Owner & transaction history

since 2023
7 recorded transactions
2023
$8.1M
2016
Price N/A
2008
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

O-1 · Taylor, MI
Zoning description

District is intended to accommodate uses such as offices for professional and business services, planned office developments, as well as appropriately located related and ancillary services and uses

General category COMMERCIAL
Top alternative use upside
Retail stores $8.0M +25.3%
Commercial (general) $7.5M +16.6%
Restaurant $7.0M +10.0%

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 22970 Northline 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