30730 Ford RdGarden City, MI 48135
- Medical offices
- 9,503 SF
Property Details for 30730 Ford Rd
- Year built
- 1956
- Lot size
- 0.53 AC
- Property size (Sq ft)
- 9,503 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 35 006 02 0591 301
- APU
- 35006020591301
Description
This exceptional 9,503 square foot medical office building, located at 30730 Ford Road in Garden City, Michigan, presents a unique investment opportunity. The single-story building sits on a 0.7-acre lot and offers a flexible layout with a minimum divisible space of 3,562 square feet and a maximum contiguous space of 9,503 square feet. Currently, the entire 9,503 square feet is vacant and ready for immediate occupancy. The property boasts prime Ford Road frontage, providing excellent visibility and accessibility. Ample parking is available with over 70 spaces. The building features built-out medical units, making it ideal for a variety of healthcare practices. The property's Wayne County location (APN: 35006020591301) offers convenient access to major roadways and a thriving community. Monument signage is available, enhancing the property's marketing potential. This is a rare opportunity to acquire a fully built-out medical office building in a high-demand location. The property is zoned for medical office and traditional office use.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,843,710
- 6.5%
- $1,701,880
- 7%
- $1,580,320
-
Comparable approach
- Method
- Valuation
- Relative Method
- $888,911
- Geo Method
- $888,911
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $3,306,240
- Retail / Commercial
- $1,704,110
- Mixed-Use / Specialty
- $1,704,880
- Hospitality / Lodging
- $1,259,730
- Institutional / Educational
- $1,774,840
- Residential Income
- $2,076,560
- Multifamily
- $2,452,560
- Automotive / Energy
- $1,521,290
- Parking / Income-Based Land
- $518,215
- Restaurant / Food Service
- $901,330
- Healthcare / Senior Housing
- $1,741,300
Location Insight
- City
- Garden City
- County
- Wayne
- State
- Michigan
- Latitude
- 42.3255
- Longitude
- -83.3445
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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