19991 Hall RdMacomb, MI 48044

Property Details for 19991 Hall Rd

Year built

2004

Lot size

2.49 AC

Property size (Sq ft)

23,772 SF

Zone code

C2

Property type

Office buildings

APN

20-08-33-400-044

APU

200833400044

Description

This exceptional 23,772 square foot office building, situated on a 2.4-acre lot in Macomb County, Michigan, presents a prime leasing opportunity. The property, located at 19991 Hall Road (M-59), boasts a highly visible location on a six-lane highway, offering excellent accessibility and exposure. Currently, there are 5,780 square feet of vacant space available for lease, ideal for executive or medical office uses. The building is configured for multiple tenants, providing flexibility for businesses of various sizes. The address is 19991 Hall Rd, Macomb, MI 48044. Its strategic location near major hospitals makes it particularly attractive for medical practices seeking convenient access to healthcare facilities and a strong patient base. The property's substantial size and prominent location offer significant potential for growth and visibility. The available space provides a unique opportunity to establish a presence in a thriving commercial area with high traffic volume. This is an excellent chance to secure a well-situated office space in a desirable Macomb County location. The building's multi-tenant configuration ensures a diverse and vibrant business environment. The ample lot size offers ample parking and potential for future expansion. This property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $4,944,229

  6.5%

  $4,563,904

  7%

  $4,237,910

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,223,633

  Geo Method

  $2,223,633

• Alternative Use

  Use

  Valuation

  Residential

  $5,659,240

  Hospitality

  $5,183,834

  Educational

  $4,312,889

  Medical

  $4,461,216

  Retail

  $6,708,938

Location Insight

City

Macomb

County

Macomb

State

Michigan

Latitude

42.6296

Longitude

-82.9235

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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