4811 Venoy Rd Wayne, MI 48184
Property profile & analytics
4811 Venoy Rd, Wayne, MI 48184
- Medical Office Space
- 8,347 SF
- 1.38 lot acres
Property ID
US43-0065764
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Medical Office Space
Property Details for 4811 Venoy Rd
- Year built
- 1972
- Lot size
- 1.38 lot acres
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 55 023 99 0013 000
- APU
- 55023990013000
Description
This exceptional 8,294 square foot medical office building presents a unique owner-user opportunity in Wayne, Michigan. Located directly across from Corewell Hospital, this strategically positioned property offers unparalleled access to a substantial patient base. The building, constructed in 1975 and extensively renovated in 2024, boasts a single story, encompassing a total of 8,294 net rentable square feet. The property is classified as Class B and is zoned OS, allowing for a variety of medical and related uses. The building's recent renovation ensures modern, efficient spaces ready for immediate occupancy, with an anticipated occupancy date of November 19, 2024. This is an ideal investment for medical professionals seeking a high-visibility location with convenient access to a major hospital. The asking price for this turnkey operation is $1,300,000. The property's prime location, coupled with its recent renovation and proximity to Corewell Hospital, makes it an exceptional investment opportunity for owner-users seeking a thriving medical practice environment. This single-building property offers a rare chance to acquire a well-maintained, updated medical office space in a high-demand area. Broker co-op is available.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $645,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $629,000
- AI Estimate
- $629,000
Market price range: $630k - $1.08MMarket price range: $630k - $1.08M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $810,000 Current use
- AUTO REPAIR, GARAGE
- $915,000 Change: +13% Conversion: Difficult
- RETAIL STORES
- $895,000 Change: +10% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $665,000 Change: -18% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Wayne
- County
- Wayne
- State
- Michigan
- Longitude
- -83.3622
- Latitude
- 42.2726
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$23,306
$0.00
$0.00
$307,700
-
$0.00
$0.00
$615,400
