Property profile

27025 Plymouth Rd Redford, MI 48239

OFF-MARKET
Medical Office Space
Property ID
US43-0043149
6,228 SF 0.38 ac lot Built 1974
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,950 square foot end-cap retail or office space is ideally situated at 27025 Plymouth Road in Redford, Michigan, within Wayne County. The property boasts prime visibility with building and pylon signage, ensuring maximum exposure to a substantial customer base. Its strategic location on the south side of Plymouth Road, just east of Inkster Road, places it within easy reach of major national retailers, maximizing convenience for both businesses and customers. The C-1, Local Business zoning allows for a wide range of commercial uses. This single-tenancy space is surrounded by densely populated residential neighborhoods, with over 100,000 people residing within a three-mile radius, providing a readily accessible market for your business. This presents a unique opportunity to establish a thriving enterprise in a high-traffic area with significant foot and vehicle traffic. The end-cap location offers excellent street visibility and accessibility, making it an attractive option for businesses seeking high brand recognition and customer convenience. This property is perfect for a variety of retail or office uses. Don't miss this chance to secure a prime location in a thriving community.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1974
Construction CONCRETE BLOCKS
Total area 6,228 SF
Lot 0.38 ac (16,553 SF)
APN 79 042 01 0786 000
UPID US43-0043149

Cap rate & NOI

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

Location

27025 Plymouth Rd Redford, MI 48239-2343
Redford metro Census 555100 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
$255k

Owner & transaction history

since 2019
4 recorded transactions
2019
Price N/A
2006
Price N/A
2004
$245,000
1969
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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