15255 17 Mile RdClinton Township, MI 48038

Property Details for 15255 17 Mile Rd

Year built

2004

Lot size

1.39 AC

Property size (Sq ft)

12,996 SF

Zone code

B-3

Property type

Drug stores

APN

16-11-18-358-008

APU

161118358008

Description

This exceptional 12,996-square-foot office building, located at 15255 17 Mile Road in Clinton Township, Michigan, presents a unique opportunity for a single tenant. Built in 2004, the property sits on a generous 1.39-acre lot and is ideally suited for executive or medical office uses. The entire building is currently vacant, offering immediate occupancy for a discerning business. The property's address is 15255 17 Mile Rd, Clinton Township, MI 48038, within the Clinton Township submarket of Macomb County. Its convenient location offers easy access to major transportation routes, ensuring seamless commutes for employees and clients. The building's modern design and ample square footage provide flexibility for various office configurations, catering to diverse business needs. With its single-tenant occupancy, this property offers a rare opportunity to establish a prominent presence in a thriving business community. The property's APN is 16-11-18-358-008. This is a for-lease opportunity. The property is categorized as an office building with executive and medical office subtypes.

• CAP approach

  CAP return

  Valuation

  6%

  $3,973,378

  6.5%

  $3,667,734

  7%

  $3,405,752

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,063,428

  Geo Method

  $3,063,428

• Alternative Use

  Use

  Valuation

  Residential

  $3,093,870

  Hospitality

  $2,833,969

  Educational

  $2,357,829

  Medical

  $2,438,918

  Retail

  $3,667,734

Location Insight

City

Clinton Township

County

Macomb

State

Michigan

Latitude

42.5834

Longitude

-82.9709

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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