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    OFF-MARKET Estimated value $1,050,000
    Medical Office Space

    28711 8th Mile Rd, Livonia, MI 48152-2040

    9,867 SF 1.14 ac lot Built 1978
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-0528914
    Property summary
    AI-generated overview

    This exceptional medical office space, located at 28711 West 8 Mile Road in Livonia, Michigan, presents a unique leasing opportunity. The property is a single-tenant building totaling 9,895 square feet, with the available suite comprising 3,141 square feet. This updated space is ideally suited for a variety of medical practices, offering a ready-to-occupy environment. Situated in Wayne County, the building enjoys convenient access to major roadways, ensuring easy commutes for both patients and staff. Its proximity to Corewell Health in Farmington Hills further enhances its appeal and potential for referrals. The property's location in Livonia, Michigan, zip code 48152, provides excellent visibility and accessibility within a thriving community. The building's single-tenant occupancy offers a streamlined and efficient operational environment. This is a fantastic opportunity for a medical practice seeking a well-maintained, conveniently located, and readily available space to establish or expand their operations. The property is classified as an office building with a medical office subtype. Interested parties are encouraged to inquire for further details and scheduling a viewing.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1978
    Construction BRICK
    Total area 9,867 SF
    Lot 1.14 ac (49,658 SF)
    APN 46 002 02 0250 000
    UPID US43-0528914
    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
    Current use
    Occupant on record · Public records
    • Adam Cooper, MD Physician
    • Jamila Albert Physician
    • Gynocologist Government Office
    • Botsford Obstetrics Physician
    • Tracey Linden-Grosinger, DO Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.05M
    Blend (final) Blend
    $1.05M
    Owner & transaction history
    28711 8 Mile LLC · 1 yrs held
    28711 8 Mile LLC
    since 2024
    3 recorded transactions
    2024
    2012
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $1.4M +50.3%
    Restaurant $1.0M +10.0%
    Commercial (general) $1.0M +9.7%
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