Property profile

8620 Mcnichols Rd Detroit, MI 48221

OFF-MARKET
Medical Office Space
Property ID
US43-4266252
1,903 SF 0.05 ac lot Built 1947
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 1947
Total area 1,903 SF
Lot 0.05 ac (2,178 SF)
Zoning code B2
APN 16008187.
UPID US43-4266252

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
  • Real Estate Agency

Location

8620 Mcnichols Rd Detroit, MI 48221-2571
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
$50k

Owner & transaction history

since 2025
Last sale
$8,000
5 recorded transactions
2025
Price N/A
2025
Price N/A
2017
Price N/A
2017
$8,000
2017
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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