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    FOR SALE
    Office buildings

    51863 Schoenherr Rd, Shelby Township, MI 48315

    1,464 SF 0.15 ac lot Built 2001
    Entity Owned 6-yr Hold Free & Clear
    Property ID
    US43-4187439
    Property summary
    AI-generated overview

    This exceptional 14,440 square foot mixed-use property, located at 51863 Schoenherr Road in Shelby Charter Township, Michigan, 48315, presents a unique investment opportunity. The building features a beautifully appointed 3,200 square foot medical condo, perfectly suited for a variety of healthcare uses. Ideal tenants could include surgical centers, occupational medicine practices, injury repair clinics, or direct testing facilities. The condo boasts five exam rooms, a spacious reception and waiting area, a dedicated X-ray room, a patient room, two private offices, a laboratory, and a convenient kitchen. Ample parking is available, ensuring easy ingress and egress for patients and staff. The property also benefits from prominent exterior building signage, enhancing visibility and attracting potential clients. This turnkey medical condo is ready for immediate occupancy, offering a seamless transition for new businesses. The location within Macomb County provides excellent access to a large and growing patient base. This is a rare opportunity to acquire a well-equipped and strategically located medical office space in a thriving community. The property's size and features make it an attractive option for both established practices seeking expansion and new ventures looking for a move-in ready space.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2001
    Total area 1,464 SF
    Lot 0.15 ac (6,665 SF)
    Zoning code LM
    APN 23-07-14-444-101
    UPID US43-4187439
    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
    • Michael Saba DMD (Dr. SABA) Dental Office
    • Atticus Wealth Management Financial Advisor
    • Faith Investment Services Financial Advisor
    • Tiffany M Danyal Dental Office
    • Brush Rinse Floss of Shelby Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Faith Hope Properties LLC · 6 yrs held
    Faith Hope Properties LLC
    since 2020
    Last sale
    $260,000
    3 recorded transactions
    2020
    2020
    $260,000
    1969
    Zoning & alternative use
    LM · Shelby Township, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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