Property profile

255 13th Mile Rd Madison Heights, MI 48071

OFF-MARKET
Medical Office Space
Property ID
US43-1179458
4,406 SF 0.28 ac lot Built 1998
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 1998
Total area 4,406 SF
Lot 0.28 ac (12,197 SF)
Zoning code O-1 OFF
APN 44-25-11-228-001
UPID US43-1179458

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
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office

Location

255 13th Mile Rd Madison Heights, MI 48071-1868
Madison Heights metro Census 181200 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
$908k
Blend (final) Blend
$340k

Owner & transaction history

since 2022
4 recorded transactions
2022
Price N/A
1998
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

O-1 OFF · Madison Heights, MI
Top alternative use upside
Commercial (general) $775,000 +11.6%
Retail stores $745,000 +6.9%

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
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