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Property profile & analytics
FOR LEASE
Medical Office Space

4870 Clark Rd Ypsilanti, MI 48197

16,226 SF 2.37 ac lot Built 1976
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US43-1134255
Property summary
AI-generated overview

This exceptional 16,000-square-foot medical office building, located at 4870 Clark Road in Ypsilanti, Michigan, presents a unique investment opportunity. The property, situated on a 2.37-acre lot, boasts a Class B designation and underwent a complete interior renovation in 2024. The two-story building, constructed in 1976, offers multiple suites available for lease in the first quarter of 2025. Each suite features ample windows, maximizing natural light. Its convenient location, midway between Ann Arbor and Ypsilanti, offers easy access to a thriving medical community. The building is approximately half a mile from Trinity Health Hospital, across the street from Washtenaw Community College, and near Eastern Michigan University. The property's zoning is designated as OFFICE, and its APN is L1201100004. Abundant on-site parking is available, catering to both tenants and visitors. The property is situated between Golfside and Hogback Road, in Washtenaw County, with a zip code of 48197. This prime location, coupled with the recent renovations and ample parking, makes this a highly desirable property for medical professionals seeking modern, well-appointed office space. The building's proximity to major educational institutions and a prominent hospital further enhances its appeal and potential for strong occupancy.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1976
Total area 16,226 SF
Lot 2.37 ac (103,237 SF)
APN L -12-01-100-004
UPID US43-1134255
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
  • Julie Simensky Physician Medical Clinic
  • Kirshner Elizabeth S Physician
  • Jennifer Aldea Physician
  • Dr. Paul D. Thielking, MD Physician
  • Krasnow Charles G MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Mmb-re LLC · 19 yrs held
Mmb-re LLC
since 2007
7 recorded transactions
2025
Price N/A
2022
Price N/A
2020
Price N/A
2007
$1.6M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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