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Property profile & analytics
FOR LEASE
Medical Office Space

3075 Clark Rd Ypsilanti, MI 48197

49,672 SF 2.31 ac lot Built 1976
Individually Owned Absentee Owner Free & Clear
Property ID
US43-1758158
Property summary
AI-generated overview

This four-story, 49,672 square foot medical and traditional office building, built in 1976, offers multiple tenancy options. Two suites are currently available, ranging from 1,130 to 2,281 contiguous square feet. Suite 203 features several private offices, a kitchen area, and restrooms, while Suite 400 offers 2,017 square feet of immediately available space. The building boasts 75 parking spaces and two elevators, ensuring convenient access for staff and clients. Located in a Neighborhood Business District, with a zoning designation reflecting this, and situated across from Trinity Health Hospital and Washtenaw Community College, this property provides exceptional visibility and accessibility. Its prime location offers easy access to Washtenaw Avenue and US-23, connecting businesses to Eastern Michigan University and the broader Ann Arbor area. The building is well-maintained and locally managed. The asking price is $19 per square foot gross, plus a 15% load factor. The property's APN is K-11-06-200-005 and is conveniently located near Golfside Road. A minimum of 1,130 square feet is divisible, with a maximum contiguous space of 2,281 square feet; currently, 4,298 square feet are vacant.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1976
Total area 49,672 SF
Lot 2.31 ac (100,624 SF)
APN K -11-06-200-005
UPID US43-1758158
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
  • Huron Dentistry Dental Office
  • Washtenaw Medical Arts Building Medical Clinic
  • Washtenaw Area Council for Children Charitable Organization Social Service Agency
  • Girls on the Run of Southeastern Michigan Association / Organization
  • Tessoff Lauren M Employment Agency
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
ST JOSEPH MERCY HEALTH SYSTEM
ST JOSEPH MERCY HEALTH SYSTEM
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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