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Property profile & analytics
FOR SALE
Medical Office Space

37244 S Groesbeck Hwy Clinton Twp, MI 48036

6,655 SF Built 1972
Property ID
US43-Q011920
Property summary
AI-generated overview

Attention owner occupants and investors! Zoned for medical office use, general office use, located within a mile of McLaren Macomb Hospital, minutes from Henry Ford Macomb Hospital and several major outpatient facilities. The Parkway Office Building offers tremendous value with the privacy and exclusivity of its stand alone structure, yet demands to be seen with its high visibility traffic count of 28,816 per day on Groesbeck. The professional style, design and allure is sure to impress and attract more business. The large private parking lot will allow your clientele ease and convenience. Included with the sale is the attached vacant lot, allowing room for creative expansion. Floor plan is completely versatile. 12 ft structural ceilings throughout with built in drop ceilings. Each unit is separately metered for gas and electric. Unit A - 3854 SF. Unit B- Anchor tenant Edward Jones, 1054 SF. Unit C- 1600 SF. All 3 units have had recent interior remodel work from the ground up within the last 2 years. Parking lot resealed in 24'. AC replaced 21'. Huge marquis sign included. Space will rent for $16-25/SF.

Property profile
Verified
Property type Medical Office Space
Year built 1972
Total area 6,655 SF
UPID US43-Q011920
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
  • Edward Jones - Financial Advisor: Kelly M Lawrence, CEPA®|CRPS™ Financial Advisor
  • Integrity SIG, LLC Tech Support Center IT Consulting Firm
  • Associated Concrete Contractors-Mi Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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