Entity Owned 
For Sale
1 / 7
$840,000
814 N Macomb St,Unit B, Monroe, MI 48162
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Property summary
AI-generated overview
Suite C is a 2,137-square-foot, basement-level medical space that was previously used as an allergy clinic. The suite is situated next to Promedica Monroe Hospital and is positioned within a medical-oriented area with nearby healthcare uses. The building is associated with a large parking lot for visitor and staff access, supporting convenient arrivals. The space is configured as healthcare-use medical real estate and may be suitable for medical or related healthcare professional occupancy.
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
Current use
Occupant on record · Public records
-
Physician
-
Physician Medical Clinic
-
Pediatrician Medical Clinic
-
Dental Office
-
Physician
Location
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
since 2024
Last sale
$840,000
3 recorded transactions
Zoning & alternative use
R-1A · Monroe, MI
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 4 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$840k
Value range
$756k – $924k
±10% around blend
Estimated value / SF
$202 / SF
Confidence
Low
4 county-verified comps
Property data
100
Comparable evidence
40
Income certainty
100
$756k
blend $840k
$924k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,157 SF
Lot area
0.59 ac
Year built
1979
Stories
1
APN
55-59-01736-000
Zoning
R-1A
Assessed value
$218,010
Annual tax
$13,590
3
Income approach: direct capitalization
Partial preview
Income approach indication
$520k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$560k
@ 6.5% CAP return
$520k
@ 7% CAP return
$480k
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$13,590
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$311k
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
22.4 mi away · 4,750 SF
22.4 mi away · 4,750 SF
24.0 mi away · 3,620 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$840k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
4.00%
Selected cap rate for this medical office space
Derived from the Monroe market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.00%
9.0%
NOI (est.)
$11k *
Last sale · May 2024
$840k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$276k
Move the market yield to see immediate price impact.
Value / SF
$66
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.50%4.00%4.50%
$10k
$283k
$248k
$220k
$11k
$315k
$276k
$245k
$12k
$346k
$303k
$269k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$385k
21.9 mi · Jan 2026 · $96/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$13,590
Tax year 2023
Assessed value
$218,010
Assessed 2023
Previous assessed
$218,010
+0.0% YoY
Effective rate
6.23%
On assessed value
Total market value
$436,020
Applied tax rate
55.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
1979
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
NONE
Stories
1
Bathrooms
1
Total area
4,157 SF
Lot
0.59 ac (25,918 SF)
Zoning code
R-1A
APN
55-59-01736-000
UPID
US43-0880951
Jurisdiction
MONROE
Zoning & alternative use
R-1A · Monroe, MIZoning R-1A · permitted uses
R-1A · Monroe, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1979
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.59 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R-1A
Jurisdiction
Monroe, MI
Recorded code
R-1A
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-1A in Monroe, MI.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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