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    OFF-MARKET
    Medical Office Space

    6201 Chicago Rd, Warren, MI 48092-1610

    2,064 SF 0.25 ac lot Built 1954
    Entity Owned 7-yr Hold Free & Clear
    Property ID
    US43-1555848
    Property summary
    AI-generated overview

    This exceptional 2,295 square foot free-standing office building is ideally situated in Warren, Michigan, at 6201 Chicago Road. The property boasts a convenient single-tenant occupancy, perfect for a business seeking a dedicated space. Ample parking is provided with 16 spaces, offering a generous 7.75 spaces per 1,000 square feet. The building is zoned for professional business districts, making it suitable for a wide range of uses, including general or medical offices. Its strategic location directly across from the GM Tech Center provides excellent visibility and accessibility. Commuting is simplified by its proximity to major expressways including M-53, I-696, I-94, and I-75. Local amenities are conveniently located nearby. Exterior updates are planned for 2024. The landlord is offering a full build-out allowance as part of the lease agreement. The gross lease rate is $16.50 per square foot. This property presents a rare opportunity to secure a well-located, functional, and attractive office space in a thriving business district. The zip code is 48092.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1954
    Total area 2,064 SF
    Lot 0.25 ac (11,021 SF)
    Zoning code PB
    APN 12-13-04-327-017
    UPID US43-1555848
    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
    • Carrol E. Urban, DC Alternative Medicine Practice
    • Dr. Lawrence Mosurak Alternative Medicine Practice
    • Ronald Urban Alternative Medicine Practice
    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
    Davy Street LLC · 7 yrs held
    Davy Street LLC
    since 2019
    1 recorded transaction
    2019
    Zoning & alternative use
    PB · Warren, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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