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    OFF-MARKET
    Commercial real estate

    7477 State Rd, Goodrich, MI 48438-8745

    3,096 SF 4.68 ac lot Built 1993
    Individually Owned 2-yr Hold Free & Clear
    Property ID
    US43-1238035
    Property summary
    AI-generated overview

    This exceptional 3,000 square foot industrial property, situated on a generous 4.68-acre lot in Goodrich, Michigan, presents a compelling investment opportunity. Conveniently located off M-15, the building boasts excellent visibility and accessibility. Currently occupied, the property features two handicap-accessible parking lots, ensuring ample parking for tenants and visitors. The building is divided into two distinct units. The upper level, encompassing 3,339 square feet, is currently utilized as a medical doctor's office. The lower level, comprising 2,800 square feet, is also leased. The property benefits from recent significant upgrades, including a new well pump installed in 2023, a new upper-level HVAC system in 2021, and a new lower-level HVAC system in 2022, demonstrating a commitment to ongoing maintenance and operational efficiency. Tenants are responsible for their own tenant improvements, common area maintenance (TICAM). This turnkey investment offers a strong potential for immediate cash flow and long-term appreciation. The property's prime location, substantial size, and recent improvements make it an attractive proposition for discerning investors seeking a stable and profitable addition to their portfolio. Serious inquiries only.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1993
    Construction WOOD
    Total area 3,096 SF
    Lot 4.68 ac (203,774 SF)
    Zoning code VILLAG
    APN 02-15-400-030
    UPID US43-1238035
    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
    • Advanced Physical Therapy Center Medical Clinic
    • Genesys Integrated Group Practice Medical Clinic
    • Dr. Mark S. Clark, MD Pediatrician Physician
    • Bridget M. Hillman, PA Physician
    • Heidi Hilton-Kosch Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Mark S Clark · 2 yrs held
    Mark S Clark
    since 2023
    2 recorded transactions
    2023
    1969
    Zoning & alternative use
    VILLAG · Goodrich, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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