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Financial
Distress signals
Property profile

42700 Garfield Rd Clinton Township, MI 48038

FOR LEASE
Medical Office Space
View Listing
Property ID
US43-1558943
40,670 SF 4.29 ac lot Built 2007
Last sale Jul 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A medical facility totaling approximately 40,000 square feet, located south of 19 Mile and east of Garfield, near Hall Road. The property is positioned in close proximity to major healthcare providers, including Henry Ford Macomb Hospital and Beaumont Medical Center. Site features include a covered patient drop-off area and substantial on-site parking. The building is configured for medical use, with no requirement for affiliation with DMC or Children’s Hospital.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$180k
Tax billed · 2022
Assessed value · 2023$4.10M
Effective rate4.39%

Value estimate

· Oct 2026
$7.48M
$6.73M – $8.23M
Submarket $/SF estimate$7.48M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$123/SF
County average, outlier-cleaned · 122 recorded sales of this use type
Observed band · Q1–Q3$76 – $184

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
OS-1
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service12.3
Kitchen & Bath11.0
Auto Parts Store10.5

Location

42700 Garfield Rd Clinton Township, MI 48038
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 16 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
18276 Hall, Clinton Township, MI 48038-4868 $2,200,000 Feb 2024 5,150 SF
39200 Garfield, Clinton Township, MI 48038-4095 $1,340,000 Oct 2019 11,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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