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Property profile & analytics
OFF-MARKET Estimated value $1,705,000
Medical Office Space

51133 Birch St New Baltimore, MI 48047-1581

10,942 SF 1.51 ac lot Built 2006
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-1249833
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2006
Total area 10,942 SF
Lot 1.51 ac (65,863 SF)
Zoning code GC
APN 06-09-13-352-034
UPID US43-1249833
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
  • Ross Medical Education Center College Educational Institution
  • Commonwealth Home Health Network Home Health Care Service Home Help Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.71M
Blend (final) Blend
$1.71M
Owner & transaction history
Oak Hudson Pharma LLC · 4 yrs held
Oak Hudson Pharma LLC
since 2022
5 recorded transactions
2022
Price N/A
2005
$172,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
GC · New Baltimore, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

in the local commercial business district. This GC district is designed to provide sites for more diversified business types and are often located so as to serve passerby, highway-oriented traffic. These uses would generate larger volumes of vehicular traffic, would need more off-street parking and loading, and would require more planning to integrate such d…

Zone name General Commercial
General category COMMERCIAL
Zone area 2.74 ac
Source code of ordinances
Top alternative use upside
Retail stores $2.0M +51.4%
Restaurant $1.6M +15.4%
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