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    Property profile & analytics
    OFF-MARKET Estimated value $555,000
    Medical Office Space

    6455 Gratiot Ave, Detroit, MI 48207-1808

    6,836 SF 1.8 ac lot Built 1989
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US43-1462136
    Property summary
    AI-generated overview

    This exceptional 2,300 square foot medical office space is available for immediate lease within a larger 6,836 square foot building situated on a 1.8-acre lot. Located in a prime location offering unparalleled access to major freeways including John Lodge, I-94, and I-75, this property provides convenient connectivity to Downtown Detroit, Midtown, Eastern Market, Ford Field, and major casinos. The building, originally constructed in 1989 and recently renovated in 2024, currently houses a single tenant, with this 2,300 square foot space representing the only available unit. The space is ideal for medical practices or retail businesses and is easily adaptable to various needs. A tenant improvement (TI) allowance is available to assist with customizing the space to perfectly suit your operational requirements. The minimum divisible space is 2,300 square feet, and the maximum contiguous space available is also 2,300 square feet. This presents a unique opportunity to establish a presence in a thriving area with excellent visibility and accessibility. The property's strategic location and recent renovations make it an attractive option for businesses seeking a modern and well-connected space. This is a single-suite building, offering a unique and private environment for your business.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL CLINIC
    Year built 1989
    Total area 6,836 SF
    Lot 1.8 ac (78,408 SF)
    Zoning code M4
    APN 15000369-70
    UPID US43-1462136
    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
    • Diamond Smiles Dentistry Dental Office
    • Joy Darden Pediatrician Medical Clinic
    • Detroit Medical Group Medical Group
    • Diamond Smiles Denti Dental Office
    • Family First Home Health Care Home Health Care Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $485k
    Blend (final) Blend
    $555k
    Owner & transaction history
    Diamond Property Ventures LLC · 2 yrs held
    Diamond Property Ventures LLC
    since 2023
    7 recorded transactions
    2024
    2023
    2004
    1969
    1969
    1969
    1969
    Zoning & alternative use
    M4 · Detroit, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $625,000 +44.9%
    Restaurant $625,000 +44.8%
    Neighborhood: shopping center $520,000 +20.2%
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