Property profile

6524 Secor Rd Lambertville, MI 48144

FOR SALE
Medical Office Space
Property ID
US43-0115947
3,768 SF 1.95 ac lot
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 6524 Secor Road in Lambertville, Michigan, presents a unique investment opportunity. The nearly 3,000 square foot building sits on a spacious 1.95-acre lot, enjoying significant drive-by traffic on a major thoroughfare just north of Toledo. The building's versatile layout includes twelve offices or exam rooms, perfect for a variety of businesses. Two large common areas provide ample space for collaboration or client interaction, complemented by a welcoming waiting room with a dedicated reception area. A convenient kitchen and multiple bathrooms add to the property's functionality. Significant storage is available on the second floor. Further enhancing the property's utility are a 720 square foot garage and a 900 square foot pole barn, offering substantial additional space for equipment, inventory, or specialized operations. Ample parking is available both in front and behind the building, accommodating clients and employees with ease. The expansive lot offers the potential for future expansion, with enough space to support the construction of another large outbuilding. Currently, a portion of the building is leased, generating a total lease potential of $4,000 per month. The current owner is prepared to assist the new owner with necessary modifications to tailor the space to their specific business needs. This property offers a compelling blend of existing infrastructure and future development potential, making it an ideal investment for discerning buyers.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Total area 3,768 SF
Lot 1.95 ac (85,073 SF)
APN 02-105-021-00
UPID US43-0115947

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice
  • Alternative Medicine Practice

Location

6524 Secor Rd Lambertville, MI 48144
Lambertville metro Census 833300 MONROE, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2024
Last sale
$250,000
1 recorded transaction
2024
$250,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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