Property profile

7401 22nd Mile Rd Shelby Township, MI 48317

OFF-MARKET
Assisted living facilities
Property ID
US43-1122300
71,484 SF 8.44 ac lot Built 2014
Entity Owned 16-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2014
Total area 71,484 SF
Lot 8.44 ac (367,646 SF)
Zoning code HM
APN 23-07-21-401-005
UPID US43-1122300

Cap rate & NOI

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

Location

7401 22nd Mile Rd Shelby Township, MI 48317-2307
Shelby Township metro Census 225800 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

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Owner & transaction history

since 2010
4 recorded transactions
2018
Price N/A
2014
Price N/A
2010
$425,000
1969
Price N/A

Zoning & alternative use

HM · Shelby Township, MI

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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