44000 Garfield RdClinton Township, MI 48038

Property Details for 44000 Garfield Rd

Year built

1987

Lot size

4.81 AC

Property size (Sq ft)

64,904 SF

Zone code

OS-1

Property type

Office buildings

APN

16-11-05-100-007

APU

161105100007

Description

This exceptional 63,560 square foot medical office building, located at 44000 Garfield Road in Clinton Township, Michigan, presents a unique leasing opportunity. Situated on a generous 4.81 acres of land, this Class B property boasts a single, two-story building constructed in 1987. The building offers flexible space options, with a minimum divisible unit of 2,500 square feet and the potential to lease the entire 63,560 square feet contiguously. Currently, the entire building is vacant, providing an ideal chance for a single tenant or multiple tenants to establish a significant presence. Ample parking is available with 150 spaces. The property is zoned OS-1 and its address is 44000 Garfield Road, Clinton Township, MI 48038, with a cross street of Hall Road. The property's parcel number (APN) is 16-11-05-100-007 in Macomb County. This prime location offers excellent visibility and accessibility, making it an attractive option for medical practices and other office users seeking a substantial and well-maintained space. The building's size and layout provide adaptability for a variety of medical or office configurations. Interested parties should inquire about lease terms and conditions.

• CAP approach

  CAP return

  Valuation

  6%

  $13,499,084

  6.5%

  $12,460,693

  7%

  $11,570,644

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,071,120

  Geo Method

  $6,071,120

• Alternative Use

  Use

  Valuation

  Residential

  $15,451,260

  Hospitality

  $14,153,271

  Educational

  $11,775,355

  Medical

  $12,180,328

  Retail

  $18,317,220

Location Insight

City

Clinton Township

County

Macomb

State

Michigan

Latitude

42.6211

Longitude

-82.9519

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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