Property profile

9216 Middlebelt Rd Livonia, MI 48150

OFF-MARKET
Medical Office Space
Property ID
US43-0377916
8,342 SF 0.75 ac lot Built 1967
Entity Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 1967
Total area 8,342 SF
Lot 0.75 ac (32,670 SF)
APN 46 143 03 0142 000
UPID US43-0377916

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
  • Medical Clinic
  • Physician
  • Physician Medical Clinic
  • Medical Clinic

Location

9216 Middlebelt Rd Livonia, MI 48150-4036
Livonia metro Census 559200 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
$600k
Blend (final) Blend
$355k

Owner & transaction history

since 2016
2 recorded transactions
2022
Price N/A
2016
$400,000

Zoning & alternative use

Top alternative use upside
Restaurant $865,000 +10.0%
Commercial (general) $850,000 +8.5%

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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