Property profile

3272 12th Mile Rd Warren, MI 48092

OFF-MARKET
Medical Office Space
Property ID
US43-1605167
12,144 SF 1.26 ac lot Built 2004
Entity Owned 22-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2004
Total area 12,144 SF
Lot 1.26 ac (55,016 SF)
Zoning code MZ
APN 12-13-18-204-036
UPID US43-1605167

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician Hospital
  • Medical Clinic Hospital
  • Physician
  • Medical Clinic
  • Insurance Agency

Location

3272 12th Mile Rd Warren, MI 48092-5622
Warren metro Census 262300 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.08M
Blend (final) Blend
$350k

Owner & transaction history

since 2004
5 recorded transactions
2019
Price N/A
2007
Price N/A
2004
Price N/A
2004
Price N/A
1969
Price N/A

Zoning & alternative use

MZ · Warren, MI
Top alternative use upside
Retail stores $1.3M +28.6%
Office building $1.2M +17.5%
Restaurant $1.1M +7.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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