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Property profile & analytics
FOR LEASE
Medical Office Space

814 N Macomb St Monroe, MI 48162

4,157 SF 0.59 ac lot Built 1979
Entity Owned 2-yr Hold Free & Clear
Property ID
US43-0880951
Property summary
AI-generated overview

This exceptional 7,190 square foot medical office building, situated on a 0.49-acre lot in Monroe County, presents a unique investment opportunity. The property features a single-tenant occupancy, currently configured as a former allergy clinic. The building's basement suite, encompassing 2,137 square feet, offers ample space for a variety of medical practices. Its strategic location next to Promedica Monroe Hospital ensures high visibility and easy patient access. A large on-site parking lot provides convenient parking for patients and staff. The professional atmosphere is further enhanced by the presence of a newly renovated dentist office in the immediate vicinity. This property is ideally suited for healthcare professionals seeking a well-established location within a thriving medical community. The building's single-tenant configuration offers simplicity and ease of management. The substantial square footage and convenient location make this an attractive option for expansion or relocation. The property's commercial zoning and existing medical infrastructure make it a compelling investment opportunity in a desirable market. The 0.49-acre lot provides ample space for potential future expansion or development. This turnkey medical office building offers immediate occupancy and the potential for significant return on investment. Serious inquiries are encouraged.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1979
Construction WOOD FRAME
Total area 4,157 SF
Lot 0.59 ac (25,918 SF)
Zoning code R-1A
APN 55-59-01736-000
UPID US43-0880951
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
  • Hunter Rose M MD Physician
  • Shah Kanti H MD Physician Medical Clinic
  • Kusuma Talakad Madaiah MD Pediatrician Medical Clinic
  • Calm Care Dental Dental Office
  • Ranganatha Vijayalaksh MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$840k
CAP Approach CAP
$520k
Comparable Approach Comparable
by Request
Blend (final) Blend
$840k
Owner & transaction history
K & D Investment Associates LLC · 2 yrs held
K & D Investment Associates LLC
since 2024
Last sale
$840,000
3 recorded transactions
2024
Price N/A
2024
$840,000
2006
Price N/A
Zoning & alternative use
R-1A · Monroe, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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