13225 Northline RdSouthgate, MI 48195

Property Details for 13225 Northline Rd

Year built

1990

Lot size

0.32 AC

Property size (Sq ft)

2,009 SF

Zone code

C-1 COMM BUS

Property type

Medical offices

Property subtype

Medical centers

APN

53 017 04 1591 301

APU

53017041591301

Description

This exceptional 2,009 square foot, single-story medical office building is situated on a 0.32-acre lot in Southgate, Michigan, at 13225 Northline Road, zip code 48195. Built in 1990 and completely renovated in 2024, this property offers immediate occupancy. The building features nine private rooms, a reception area, a waiting lobby, and two bathrooms. Ample parking is available, ensuring convenience for patients and staff. Its prime location on Northline Road provides excellent visibility and frontage, making it ideal for a variety of medical or commercial uses. The property is zoned for commercial use and is offered for sale by the owner at $315,000. This is a turn-key opportunity with significant potential. The property's single-building structure and recent renovation minimize maintenance concerns. The combination of its functional layout, desirable location, and recent upgrades makes this a highly attractive investment opportunity. Don't miss out on this chance to acquire a well-maintained, versatile commercial property in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $361,419

  6.5%

  $333,617

  7%

  $309,788

• Comparable approach

  Method

  Valuation

  Relative Method

  $187,922

  Geo Method

  $187,922

• Alternative Use

  Use

  Valuation

  Residential

  $413,686

  Hospitality

  $378,934

  Educational

  $315,269

  Medical

  $326,111

  Retail

  $490,418

Location Insight

City

Southgate

County

Wayne

State

Michigan

Latitude

42.2134

Longitude

-83.186

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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