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Property profile & analytics
FOR LEASE
Office buildings

43650 Garfield Rd Clinton Twp, MI 48038

16,783 SF 1.72 ac lot Built 2004
Entity Owned 6-yr Hold Free & Clear
Property ID
US43-1001197
Property summary
AI-generated overview

This exceptional Class A medical office building, totaling 16,783 square feet, presents a unique investment opportunity in Macomb County. Built in 2004 and renovated in 2020, the two-story building boasts 6 suites, with 5,645 square feet currently vacant. The property features 82 parking spaces, a passenger elevator, and a 9-foot ceiling height. Three spaces are immediately available, ranging from 425 to 5,220 contiguous square feet, all "plug and play" ready for immediate occupancy. Suite 102 offers a fully equipped mobile imaging office with a truck well, private entry, and restroom. Suites 100 & 104 provide up to 13 exam/office rooms, fully furnished and built out, including a large waiting room, private kitchen, entrance, and restroom. The building enjoys high visibility with monument signage on Garfield Road, between Hall Road and 19 Mile Road. Conveniently located across from Henry Ford Hospital, this property offers easy access to hospitals, colleges, restaurants, and shopping. Additional building amenities include a backup generator, sprinkler system, and a private employee entrance and restroom. The property sits on 1.72 acres and is zoned OS-1. This is an ideal location for medical, dental, or other office uses.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2004
Total area 16,783 SF
Lot 1.72 ac (75,054 SF)
Zoning code OS-1
APN 16-11-05-300-023
UPID US43-1001197
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.06M
Blend (final) Blend
$1.90M
Owner & transaction history
Blue Stone Properties LLC · 6 yrs held
Blue Stone Properties LLC
since 2020
Last sale
$1.7M
2 recorded transactions
2020
$1.7M
1969
Price N/A
Zoning & alternative use
OS-1 · Clinton Township, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $2.4M +49.5%
Medical building $2.1M +29.6%
Retail stores $2.0M +28.0%
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