31207 Ryan RdWarren, MI 48092

Property Details for 31207 Ryan Rd

Year built

2016

Lot size

1.08 AC

Property size (Sq ft)

6,822 SF

Zone code

C-1

Property type

Medical offices

Property subtype

Medical centers

APN

12-13-06-479-009

APU

121306479009

Description

This exceptional 6,822 square foot Class B office building, constructed in 2016 and renovated the same year, is ideally situated at 31207 Ryan Road in Warren, Michigan, 48092, at the intersection of 13 Mile and Ryan Road. The property sits on 18 acres and offers ample parking with 61 spaces. Currently, the entire building is available for lease, totaling 6,822 square feet, but it can be divided into two separate units: one of 1,700 square feet and another of 2,500 square feet. Each suite boasts its own private entrance. The building is zoned C1 and features a single story with multiple suites. The space is currently shell space, providing a blank canvas for a custom build-out to perfectly suit your business needs. Rent is negotiable, depending on build-out requirements. Building and monument signage opportunities are also available. This versatile property presents a unique opportunity to establish your office in a highly desirable Warren location. The property is currently anchored by Happy Tooth Dental, occupying 2,622 square feet. Don't miss this chance to create the perfect workspace for your business.

• CAP approach

  CAP return

  Valuation

  6%

  $1,418,876

  6.5%

  $1,309,732

  7%

  $1,216,180

• Comparable approach

  Method

  Valuation

  Relative Method

  $638,130

  Geo Method

  $638,130

• Alternative Use

  Use

  Valuation

  Residential Income

  $1,624,068

  Hospitality / Lodging

  $1,487,637

  Institutional / Educational

  $1,237,697

  Healthcare / Senior Housing

  $1,280,263

  Retail / Commercial

  $1,925,306

Location Insight

City

Warren

County

Macomb

State

Michigan

Latitude

42.5218

Longitude

-83.0688

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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