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Property profile & analytics
OFF-MARKET
Medical Office Space

5189 Venoy Rd Wayne, MI 48184-2545

3,064 SF 0.68 ac lot Built 1948
Entity Owned 1-yr Hold Free & Clear
Property ID
US43-1319876
Property summary
AI-generated overview

This exceptional single-tenant office building, located at 5189 Venoy Rd in Wayne, Michigan, presents a unique investment opportunity. The property boasts a total of 2,314 square feet, with 1,892 square feet currently vacant and ready for immediate occupancy. Built in 1948, this one-story Class C building offers convenient access and ample parking with 12 spaces available. The property is zoned B-1 - Business Limited, providing flexibility for a variety of uses. Its strategic location directly across from Beaumont Hospital Wayne offers significant advantages for medical practices or businesses seeking proximity to a major healthcare facility. The interior features 1-2 small exam rooms or offices, perfect for a medical practice or other professional services. Additional amenities include a well-appointed kitchenette and a dedicated meeting/conference room, enhancing functionality and convenience. The property's APN is 55-023-99-0016-701, and the zip code is 48184. This is an excellent opportunity to acquire a well-situated office building in a thriving Wayne County location. Don't miss this chance to secure a prime space with high visibility and immediate occupancy potential.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1948
Total area 3,064 SF
Lot 0.68 ac (29,621 SF)
APN 55 023 99 0016 701
UPID US43-1319876
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
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Comparable Approach Comparable
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by Request
Owner & transaction history
Victory Homes Management INC · 1 yrs held
Victory Homes Management INC
since 2024
3 recorded transactions
2024
Price N/A
2021
$140,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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