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    Property profile & analytics
    FOR SALE
    Commercial real estate

    2370 Walton Blvd, Rochester Hills, MI 48309

    9,035 SF 1.51 ac lot Built 1967
    Entity Owned 24-yr Hold Free & Clear
    Property ID
    US43-1075186
    Property summary
    AI-generated overview

    This exceptional two-story medical office building, located at 2370 Walton Blvd in Rochester Hills, Michigan, presents a unique investment opportunity. Boasting 9,035 square feet on a 1.51-acre lot (APN 70-15-08-451-049), the property features two units, ideally suited for continued medical use and potential daycare expansion. Built in 1967 and extensively renovated in 2020, the building is zoned for office use and offers ample parking with direct access to both the upper-level medical practice and the ground-floor daycare. The well-established pediatric medical practice currently occupies the upper level and is prepared to sign a long-term lease, ensuring consistent income. The daycare center on the first floor is in the process of being sold to a new operator, providing further investment potential. This property offers a blend of established income and future growth opportunities in a desirable location within Oakland County, Michigan, with a zip code of 48309. The asking price is $1,800,000. This is a rare chance to acquire a turnkey medical office building with significant upside potential. The property's strong location and recent renovations make it an attractive investment for both seasoned and new investors in the healthcare sector.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1967
    Total area 9,035 SF
    Lot 1.51 ac (65,776 SF)
    Zoning code BI
    APN 70-15-08-451-049
    UPID US43-1075186
    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
    $1.58M
    Blend (final) Blend
    $1.58M
    Owner & transaction history
    Eureka Enterprises LLC · 24 yrs held
    Eureka Enterprises LLC
    since 2001
    7 recorded transactions
    2013
    2001
    1969
    1969
    1969
    1969
    1969
    Zoning & alternative use
    BI · Rochester Hills, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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