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    FOR LEASE
    Medical Office Space

    31207 Ryan Rd, Warren, MI 48092

    6,822 SF 1.08 ac lot Built 2016
    Entity Owned 11-yr Hold Free & Clear
    Property ID
    US43-4660612
    Property summary
    AI-generated overview

    This exceptional 6,822 square foot Class B office building, constructed in 2016 and renovated the same year, is ideally situated at 31207 Ryan Road in Warren, Michigan, 48092, at the intersection of 13 Mile and Ryan Road. The property sits on 18 acres and offers ample parking with 61 spaces. Currently, the entire building is available for lease, totaling 6,822 square feet, but it can be divided into two separate units: one of 1,700 square feet and another of 2,500 square feet. Each suite boasts its own private entrance. The building is zoned C1 and features a single story with multiple suites. The space is currently shell space, providing a blank canvas for a custom build-out to perfectly suit your business needs. Rent is negotiable, depending on build-out requirements. Building and monument signage opportunities are also available. This versatile property presents a unique opportunity to establish your office in a highly desirable Warren location. The property is currently anchored by Happy Tooth Dental, occupying 2,622 square feet. Don't miss this chance to create the perfect workspace for your business.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 2016
    Total area 6,822 SF
    Lot 1.08 ac (47,175 SF)
    Zoning code C-1
    APN 12-13-06-479-009
    UPID US43-4660612
    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
    • Happy Tooth Dental Office
    • Dr Fatin Asmar Dentist Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $735k
    Blend (final) Blend
    $735k
    Owner & transaction history
    Ryan Medical & Dental Properties Ll · 11 yrs held
    Ryan Medical & Dental Properties Ll
    since 2014
    5 recorded transactions
    2014
    2010
    2009
    $225,561
    1969
    1969
    Zoning & alternative use
    C-1 · Warren, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $710,000 +28.6%
    Office building $645,000 +17.5%
    Restaurant $590,000 +7.1%
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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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