3723 Fort StLincoln Park, MI 48146

Property Details for 3723 Fort St

Year built

1954

Lot size

0.04 AC

Property size (Sq ft)

1,560 SF

Property type

Medical offices

Property subtype

Medical centers

APN

45 019 01 1302 001

APU

45019011302001

Description

This exceptional 1,560-square-foot executive office suite, located at 3723 Fort Street in Lincoln Park, Michigan, presents a unique leasing opportunity. The property, situated in Wayne County (APN 45-019-01-1302-001), is zoned MNB and offers a single-tenant occupancy. Originally constructed in 1954, the building underwent a complete renovation in 2024, ensuring modern amenities and a fresh, updated aesthetic. The entire 1,560 square feet is currently vacant and ready for immediate occupancy. The property's classification includes both retail and office space, making it suitable for a variety of businesses. Its prime location in Lincoln Park, Michigan, zip code 48146, provides excellent accessibility and visibility. This is an ideal space for a company seeking a move-in ready, fully renovated executive office in a convenient and well-established area. The property's updated infrastructure and modern design offer a professional and efficient work environment. Interested parties are encouraged to inquire further to explore this exceptional leasing opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $302,233

  6.5%

  $278,985

  7%

  $259,057

• Comparable approach

  Method

  Valuation

  Relative Method

  $145,922

  Geo Method

  $145,922

• Alternative Use

  Use

  Valuation

  Residential

  $345,941

  Hospitality

  $316,880

  Educational

  $263,640

  Medical

  $272,707

  Retail

  $410,107

Location Insight

City

Lincoln Park

County

Wayne

State

Michigan

Latitude

42.2308

Longitude

-83.1801

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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