Property profile

811 Oakwood Dr Rochester, MI 48307

FOR LEASE
Commercial real estate
Property ID
US43-0264866
0.14 ac lot
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

Oakwood Medical & Professional Building offers seven versatile office suites for lease in the thriving Rochester, MI submarket. This three-story building boasts a recently completed (2024) exterior and common area renovation, presenting a modern and attractive environment for medical or professional tenants. The property is strategically located between Henry Ford Rochester Hospital and Downtown Rochester, providing exceptional accessibility and visibility. Suite sizes range from a minimum of 216 square feet to a maximum of 2,645 square feet, catering to a variety of business needs. The building is zoned B-1, allowing for a range of permitted uses. Currently, 216 square feet are immediately available, with additional space potentially becoming available. This is an excellent opportunity to secure high-quality office space in a desirable location with convenient access to major healthcare facilities and the vibrant downtown area. The building's multiple suite configuration allows for flexibility in tenant size and needs. Invest in a property that combines modern aesthetics with a prime location, offering a strong return on investment. Contact us today to schedule a viewing and explore the leasing options available at Oakwood Medical & Professional Building.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.14 ac (6,098 SF)
Zoning code BV
APN 68-15-10-377-008
UPID US43-0264866

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
  • Medical Clinic
  • Tutoring Service
  • Physician
  • Medical Clinic
  • General Contractor

Location

811 Oakwood Dr Rochester, MI 48307
Rochester metro Census 191100 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$175k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

BV · Rochester, 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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