Property profile

815 Grand Blvd Detroit, MI 48216

OFF-MARKET
Medical Office Space
Property ID
US43-1290815
7,007 SF 0.16 ac lot Built 1926
Entity Owned 11-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1926
Total area 7,007 SF
Lot 0.16 ac (6,970 SF)
Zoning code B4
APN 14008272.
UPID US43-1290815

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
  • Employment Agency
  • Hardware & Home Improvement Home Decor Store
  • General Contractor Construction Company
  • Construction Company

Location

815 Grand Blvd Detroit, MI 48216-1056
Detroit metro Census 523100 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2015
1 recorded transaction
2015
Price N/A

Zoning & alternative use

B4 · Detroit, MI
Zoning description

), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4)…

General category COMMERCIAL

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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