39949 Garfield RdClinton Township, MI 48038

Property Details for 39949 Garfield Rd

Year built

1985

Lot size

0.75 AC

Property size (Sq ft)

6,680 SF

Zone code

B-1

Property type

Office buildings

APN

16-11-18-426-002

APU

161118426002

Description

This single-story, 6,680 square foot Class C office building, constructed in 1985, is situated on a 0.75-acre lot in desirable Clinton Township, Michigan. The property, located at 39949 Garfield, between 17 and 18 Mile Roads, offers a convenient location near Henry Ford Macomb Hospital, Macomb Community College Center Campus, and Partridge Creek Mall, with easy access to M-59. The building features a total of 40 parking spaces and is zoned B-1. Currently, one suite is available for lease, totaling 1,035 square feet. This suite, previously used as a tax office, offers a flexible layout including three private offices and an open work area. The building consists of three total suites, with a minimum divisible space of 1,035 square feet. The property's APN is 16-11-18-426-002, and it's located in Macomb County, Michigan, zip code 48038. This presents a unique opportunity for businesses seeking executive office space in a prime location with convenient access to major roadways and amenities. The building's single-story design and ample parking provide a comfortable and accessible work environment.

• CAP approach

  CAP return

  Valuation

  6%

  $1,389,342

  6.5%

  $1,282,470

  7%

  $1,190,865

• Comparable approach

  Method

  Valuation

  Relative Method

  $624,847

  Geo Method

  $624,847

• Alternative Use

  Use

  Valuation

  Residential

  $1,590,263

  Hospitality

  $1,456,672

  Educational

  $1,211,934

  Medical

  $1,253,614

  Retail

  $1,885,231

Location Insight

City

Clinton Township

County

Macomb

State

Michigan

Latitude

42.5908

Longitude

-82.9527

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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