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Property profile & analytics
OFF-MARKET
Medical Office Space

26095 6th Mile Rd Redford, MI 48240-2216

6,225 SF 0.33 ac lot Built 1968
Entity Owned 11-yr Hold Free & Clear
Property ID
US43-1359322
Property summary
AI-generated overview

This exceptional investment opportunity presents a freestanding six-unit commercial building situated on a 0.33-acre lot at 26095 W 6 MILE in Redford, MI. The property boasts a substantial 6,225 square feet of space, currently featuring four units leased to long-term tenants, providing immediate and consistent rental income. Two units are currently vacant, offering significant upside potential for increased revenue through new leases or alternative uses. Ample parking is available, with spaces located both in front and behind the building, ensuring convenient access for tenants and customers. The building's infrastructure is well-maintained, with key improvements including HVAC unit replacements in 2012 and a complete roof replacement in 2017, down to the metal decking. This ensures low maintenance costs and long-term durability. The property's C-1 zoning classification offers a wide range of potential uses and development opportunities, enhancing its investment appeal. Prominent signage is available on the front of the building, providing excellent visibility for tenants and attracting potential customers. This property represents a compelling investment opportunity with strong existing income and significant growth potential. The combination of long-term tenants, vacant units, ample parking, recent upgrades, and flexible zoning makes this an attractive proposition for savvy investors seeking a stable and potentially high-return investment in the Redford commercial real estate market.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1968
Construction CONCRETE BLOCKS
Total area 6,225 SF
Lot 0.33 ac (14,375 SF)
APN 79 017 01 1074 000
UPID US43-1359322
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Shamoon Properties LLC · 11 yrs held
Shamoon Properties LLC
since 2015
3 recorded transactions
2015
$135,000
2015
Price N/A
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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