36175 Harper AveClinton Township, MI 48035

Property Details for 36175 Harper Ave

Year built

1998

Lot size

0.79 AC

Property size (Sq ft)

5,700 SF

Zone code

OS-1

Property type

Office buildings

APN

16-11-26-279-012

APU

161126279012

Description

This single-tenant, 5,700-square-foot medical office building is situated on a 0.788-acre lot at 36175 Harper Ave, Clinton Township, MI 48035. Built in 1998, the Class C property features one story and offers 32 parking spaces. Currently configured for a single user, the building is adaptable and ownership is open to splitting the space. The property boasts convenient access to Metro Parkway and I-94, enhancing its accessibility. The building is zoned OS-1 and has a Macomb County APN of 16-11-26-279-012. The lease is a modified gross lease, with tenants responsible for landscaping and snow removal. The entire 5,700 square feet is currently vacant, presenting a unique opportunity for a medical practice or other suitable business. This freestanding building offers significant potential for a variety of uses within the medical field or other compatible businesses. Its location provides excellent visibility and convenient access to major transportation routes. The ample parking ensures convenient access for patients and staff. This property represents a compelling investment opportunity in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $1,185,517

  6.5%

  $1,094,323

  7%

  $1,016,157

• Comparable approach

  Method

  Valuation

  Relative Method

  $533,178

  Geo Method

  $533,178

• Alternative Use

  Use

  Valuation

  Residential

  $1,356,961

  Hospitality

  $1,242,969

  Educational

  $1,034,135

  Medical

  $1,069,701

  Retail

  $1,608,655

Location Insight

City

Clinton Township

County

Macomb

State

Michigan

Latitude

42.564

Longitude

-82.8713

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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