Property profile

8544 Mcnichols Rd Detroit, MI 48221

OFF-MARKET
Medical Office Space
Property ID
US43-0561204
1,771 SF 0.06 ac lot Built 1938
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property at 8544 W. McNichols is located in the Marygrove/Fitzgerald Retail Corridor and is configured for retail and office use. It features double retail frontage and an open floor plate, with additional storage available in the basement. The 1,900-square-foot building includes three office spaces and two handicap accessible restrooms, and it has been served by updated mechanical systems, including HVAC, plumbing, and electrical work completed in 2021. Parking includes two rear spaces plus non-metered street parking. The property is zoned for commercial, multiple, and office use and is situated near neighborhood retail and dining establishments, including the Marygrove Campus, Lou’s Deli, Subway, Caribbean Kitchen, Manhattan Fish and Chicken, Family Dollar, The Raw Space, and 2Bright Men & Women Clothing.

Property profile

Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 1938
Total area 1,771 SF
Lot 0.06 ac (2,614 SF)
Zoning code B2
APN 16008192.
UPID US43-0561204

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
  • Car Wash
  • Hotel & Motel Resort
  • Tax Preparation

Location

8544 Mcnichols Rd Detroit, MI 48221-2570
Detroit metro Census 538500 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
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Comparable Approach Comparable
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Blend (final) Blend
$110k

Owner & transaction history

since 2026
Last sale
$11,000
6 recorded transactions
2026
$130,000
2025
Price N/A
2021
Price N/A
2019
$11,000
2019
Price N/A
2009
Price N/A

Zoning & alternative use

B2 · Detroit, MI
Zoning description

ity Residential District. (Code 1984, § 61-7-2; Ord. No. 11-05, § 1(61-7-2), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2)…

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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