Property profile

25510 Plymouth Rd Redford, MI 48239

OFF-MARKET
Medical Office Space
Property ID
US43-1615197
2,542 SF 0.14 ac lot Built 1961
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1961
Construction BRICK
Total area 2,542 SF
Lot 0.14 ac (6,098 SF)
APN 79 035 02 0037 002
UPID US43-1615197

Cap rate & NOI

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

Location

25510 Plymouth Rd Redford, MI 48239-2025
Redford metro Census 555300 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

Owner & transaction history

since 2021
Last sale
$150,000
7 recorded transactions
2021
$150,000
2020
$85,000
2020
Price N/A
2016
Price N/A
2015
Price N/A
2015
$25,426
2015
Price N/A

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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