Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    25510 Plymouth Rd Redford, MI 48239-2025

    • Medical offices
    • 2,542 SF
    • 0.14 lot acres
    OFF-MARKET
    Last Sale
    Jan 26, 2021
    $150,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US43-1615197
    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.

    Current Use by Public Records

    • Medical offices

    Property Details for 25510 Plymouth Rd

    Year built
    1961
    Construction
    BRICK
    Lot size
    0.14 lot acres
    Property size
    2,542 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    79 035 02 0037 002
    APU
    79035020037002

    Description

    This exceptional office space, located at 25510 Plymouth Road in Redford, Michigan, presents a fantastic opportunity for a variety of businesses. The property, encompassing 2,542 square feet, is situated on a 0.14-acre lot and is ideally suited for executive offices, medical practices, or traditional office settings. Built in 1961, the building is zoned for commercial use and is located in Wayne County, with a convenient zip code of 48239. The single-tenant occupancy provides ample space for a growing team, offering significant room for expansion and customization to meet specific business needs. This property is perfect for businesses requiring a substantial footprint and a prime location in Redford. The building's location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strong presence in the area. This is a rare opportunity to secure a well-established office space in a thriving commercial zone. Note that there are two units available. This listing specifically details Unit A.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Redford
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2915
    Latitude
    42.3712
    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
    2019
    $5,276
    $0.00
    $0.00
    $80,100
    -
    $0.00
    $0.00
    $160,200

    Comparable in this City

    • Value Estimation by Request
      3,000 SF

      27144 Joy Rd

      MEDICAL BUILDING • 3,000 SF
      27144 Joy Rd, Redford, MI 48239-2368
      View Details
    • Value Estimation by Request
      5,346 SF

      24224 Joy Rd

      MEDICAL BUILDING • 5,346 SF
      24224 Joy Rd, Redford, MI 48239-1215
      View Details
    • Value Estimation by Request
      3,793 SF

      14501 Telegraph Rd

      MEDICAL BUILDING • 3,793 SF
      14501 Telegraph Rd, Redford, MI 48239-3370
      View Details
    • Value Estimation by Request
      3,116 SF

      25615 Plymouth Rd

      MEDICAL BUILDING • 3,116 SF
      25615 Plymouth Rd, Redford, MI 48239-2026
      View Details
    • Value Estimation by Request
      2,980 SF

      23405 Plymouth Rd

      MEDICAL BUILDING • 2,980 SF
      23405 Plymouth Rd, Redford, MI 48239-1433
      View Details
    • Value Estimation by Request
      2,105 SF

      23738 Joy Rd

      MEDICAL BUILDING • 2,105 SF
      23738 Joy Rd, Redford, MI 48239-1211
      View Details

    Similar Nearby for Sale

    • $239,900
      1,900 SF

      Redford Commercial Building For Sale

      Commercial building in excellent condition, suitable for multiple uses.
      22300 W Warren Ave, Redford, MI 48239
      View Details
    • $150,000

      Corner Commercial Building on Telegraph

      Commercial building with parking lot in high-traffic area.
      24056 Pilgrim, Redford, MI 48239
      View Details
    • $250,000

      High-Visibility Commercial Property on Warren

      Turnkey commercial property on West Warren Avenue, Detroit.
      22220 Warren Ave, Detroit, MI 48239
      View Details
    • $239,900
      2,400 SF

      Redford Commercial Building For Sale

      High-visibility commercial building suitable for retail, office, or restaurant use.
      25845 Plymouth Rd, Redford, MI 48239
      View Details
    • $150,000

      Corner Commercial Building with Parking

      Updated commercial building with high traffic and parking lot.
      0000 Telegraph Rd W, Southfield, MI 48239
      View Details
    • $2,500,000
      41,712 SF

      Capitol Industrial Property - Redford, MI

      41,712 SF Industrial Building, $2.5M
      24900 Capitol, Redford Charter Township, MI 48239
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      826,240 SF

      Pinnacle Logistics Park: Redford, MI

      Rare Infill Warehouse Space For Lease in Redford
      12723 Glendale Ave, Redford Charter Township, MI 48239
      View Details
    • $950 /Mo

      Remodeled Salon and Office Suites

      Multi-suite space with utilities included and on-site management.
      15510 S Telegraph Rd N 1, Redford, MI 48239
      View Details
    • $6,000 /Mo
      3,919 SF

      Former Bank Building on Five Mile

      Prime commercial space in Redford, suitable for various businesses.
      26095 5 Mile Rd, Redford, MI 48239
      View Details
    • Contact for pricing

      Industrial Space Near I-96 Exit

      Industrial space with office, parking, and proximity to I-96.
      Redford, MI 48239
      View Details
    • $7 SF/Yr
      11,097 SF

      Industrial Space with Cranes

      12,000 SF industrial space for sale or lease.
      12221 Dixie, Redford, MI 48239
      View Details
    • $2,500 /Mo

      Turnkey Restaurant Space Available

      Restaurant space ready for immediate use in updated plaza.
      26000 Plymouth Rd, Redford, MI 48239
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    25510 Plymouth Rd
    Redford, MI 48239-2025
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.