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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    29751 Little Mack Ave Ste B Roseville, MI 48066-6504

    • Medical offices
    • 7,544 SF
    • 0.70 lot acres
    OFF-MARKET
    Value Estimations
    $580,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US43-1408665
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dr. Nicole Gallagher / Physician
    • Alyssa Herrmann / Physician
    • Cassi Osak, C.N.M. / Midwife
    • Ms. Kelsey Horek / Midwife
    • Edward Pazuchowski / Pediatrician / Physician

    Property Details for 29751 Little Mack Ave Ste B

    Year built
    1996
    Lot size
    0.70 lot acres
    Property size
    7,544 SF
    Zone code
    O-S
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    08-14-09-430-002
    APU
    81409430002

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $581,000
      Market price range: $575k - $1.39M
      AI Estimate
      $581,000
      Market price range: $575k - $1.39M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $925,000
      Current use
      COMMERCIAL (GENERAL)
      $790,000
      Change: -15% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Roseville
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9094
    Latitude
    42.5162
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $18,290
    $0.00
    $0.00
    $265,600
    -
    $0.00
    $0.00
    $531,200

    Comparable in this City

    • Value Estimation by Request
      1,773 SF

      19551 10th Mile Rd

      MEDICAL BUILDING • 1,773 SF
      19551 10th Mile Rd, Roseville, MI 48066-3998
      View Details
    • Value Estimation by Request
      1,389 SF

      18303 10th Mile Rd

      MEDICAL BUILDING • 1,389 SF
      18303 10th Mile Rd, Roseville, MI 48066-4988
      View Details
    • Value Estimation
      $565,000
      7,415 SF

      18223 10th Mile Rd, Unit 22

      MEDICAL BUILDING • 7,415 SF
      18223 10th Mile Rd, Roseville, MI 48066-5821
      View Details
    • Value Estimation
      $1,030,000
      13,490 SF

      18325 10th Mile Rd, Unit 6

      MEDICAL BUILDING • 13,490 SF
      18325 10th Mile Rd, Roseville, MI 48066-4990
      View Details
    • Value Estimation by Request
      1,668 SF

      18245 10th Mile Rd, Unit 9

      MEDICAL BUILDING • 1,668 SF
      18245 10th Mile Rd, Roseville, MI 48066-5807
      View Details
    • Value Estimation by Request
      1,400 SF

      30325 Gratiot Ave

      MEDICAL BUILDING • 1,400 SF
      30325 Gratiot Ave, Roseville, MI 48066-1714
      View Details

    Similar Nearby for Sale

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      Roseville Medical Office Building

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      99,890 SF

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      Office suite in a six-building professional campus, ready for occupancy.
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      Professional Office Campus For Sale

      Six-building professional office campus with existing exam rooms, premier eastside location.
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      Medical/Office Building Investment Opportunity

      Professionally managed medical/office building for sale. Fully leased.
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      Roseville Office/Medical Space For Sale

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      99,890 SF

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      Six-building campus with existing dental suite and recent upgrades.
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    Similar Nearby for Lease

    • $1,200 /Mo
      1,000 SF

      Roseville Office Space Available

      Office space for lease in Roseville, great location.
      28311 Gratiot Ave, Roseville, MI 48066
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    • $13 SF/Yr
      10,880 SF

      Roseville Executive Office Space

      Prime Roseville location, 2,720 sq ft available.
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    • $15 SF/Yr
      11,828 SF

      Roseville Office Space for Lease

      Prime Gratiot Ave location, flexible office space.
      27115 Gratiot Ave, Roseville, MI 48066
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    • Contact for pricing
      2,876 SF

      Roseville Office Space Available

      Office space available for lease in Roseville, Michigan.
      18303 E 10 Mile Rd, Roseville, MI 48066
      View Details
    • Contact for pricing
      80 SF

      Office Space with Groesbeck Frontage

      Office space available on Groesbeck Hwy, Roseville, MI.
      27432 Groesbeck Hwy, Roseville, MI 48066
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    • $1,200 /Mo
      800 SF

      Visible Office Space on 13 Mile

      Office space with private offices, reception, and attic storage.
      16500 E 13 Mile Rd, Roseville, MI 48066
      View Details
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    29751 Little Mack Ave Ste B
    Roseville, MI 48066-6504
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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