New search
Property profile & analytics
FOR SALE
Medical Office Space
29350 Harper Ave, St Clair Shores, MI 48081
Entity Owned
9-yr Hold
Free & Clear
Property ID
US43-1522950
For Sale
1 / 12
$650,000
29350 Harper Ave, St Clair Shores, MI 48081
View Listing →
Property summary
AI-generated overview
This exceptional executive office space, located at 29350 Harper Avenue in St. Clair Shores, Michigan, presents a fantastic leasing opportunity. The property, situated on a 0.25-acre lot, boasts a total building size of 5,917 square feet and currently has 2,367 square feet immediately available for lease. Built in 1974, the building is zoned B-3, offering flexibility for various business types. The property features ample parking with 5 total spaces available. The address is conveniently located in Macomb County, Michigan, with the zip code 48081. This multi-tenant building provides a professional environment, ideal for businesses seeking a well-maintained and established office space. The property's parcel number is 09-14-15-203-001. This is a rare opportunity to secure a substantial and well-located office space in a thriving community. The available space is perfect for a business seeking immediate occupancy and a prime location in St. Clair Shores. Don't miss this chance to establish your business in this desirable area.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1974
Total area
5,267 SF
Lot
0.25 ac (10,846 SF)
Zoning code
B-3
APN
09-14-15-203-001
UPID
US43-1522950
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
-
Family Eye Care Associates - St. Clair Shores Physician
-
Junker Cheryl A OD Physician
-
Dimension Streetboards Security Service
-
Michael Breza Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$618k
Blend (final)
Blend
$620k
Owner & transaction history
Gbbb LLC · 9 yrs held
Gbbb LLC
since 2017
3 recorded transactions
Zoning & alternative use
B-3 · Saint Clair Shores, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$745,000
+15.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs St Clair Shores submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs St Clair Shores submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$645,000
Current use
RESTAURANT
$745,000
Change: +15% · Conversion: Difficult
COMMERCIAL (GENERAL)
$540,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$620k
Range $558k – $682k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$118 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$11,372
Tax year 2022
Assessed value
$282,400
Assessed 2023
Previous assessed
$249,200
+13.3% YoY
Effective rate
4.03%
On assessed value
Total market value
$564,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
1974
Heating
FORCED AIR
Stories
1
Total area
5,267 SF
Lot
0.25 ac (10,846 SF)
Zoning code
B-3
APN
09-14-15-203-001
UPID
US43-1522950
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
B-3 · Saint Clair Shores, MI
Zoning B-3 · permitted uses
B-3 · Saint Clair Shores, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint Clair Shores. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$645,000
RESTAURANT
Est. value
$745,000
COMMERCIAL (GENERAL)
Est. value
$540,000
MEDICAL BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1974
Heating
FORCED AIR
Stories
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Gbbb LLC
Entity
Free & Clear · 9 yrs held
Mailing address
5603 VICTORIA DR, WEST BLOOMFIELD, MI 48322-1138
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2017
$240,000
Gbbb LLC
J & A On Harper LLC
Quit Claim Deed
related
—
Jan 5, 2017
$240,000
Gbbb LLC
J & A On Harper LLC
Quit Claim Deed
related
—
Oct 27, 2015
$120,000
J & A On Harper LLC
Cataldo,dora
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
