1974 Huron River DrYpsilanti, MI 48197

Property Details for 1974 Huron River Dr

Year built

2008

Lot size

1.15 AC

Property size (Sq ft)

15,232 SF

Property type

Medical offices

Property subtype

Medical centers

APN

K -11-06-100-003

APU

K1106100003

Description

This exceptional 2,086-square-foot medical office space is available for lease in a desirable Ypsilanti, Michigan location. Situated within a two-story, 15,232-square-foot building constructed in 2008, this single-tenant space boasts abundant natural light, high ceilings, and numerous windows offering scenic views. The space is ideal for immediate build-out and is well-suited for various medical uses, including general practice, physical therapy, or allergy clinics. Proposed plans are available. Located at 1974 N Huron River Dr, Ypsilanti, MI 48197 (APN: K -11-06-100-003, J -10-31-400-009), this property enjoys a prime location near Trinity Health Campus, IHA Medical Office Parks, Kellogg Eye Center, Washtenaw Community College, and Eastern Michigan University. Established retail and residential areas are also nearby, with convenient access to US-23. The building offers 40 total parking spaces, ensuring ample parking for staff and clients. The lease rate is $20 per square foot, gross, plus utilities. The zoning is Office. This is a fantastic opportunity to establish or expand your medical practice in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $2,607,535

  6.5%

  $2,406,955

  7%

  $2,235,030

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,424,801

  Geo Method

  $1,424,801

• Alternative Use

  Use

  Valuation

  Residential

  $2,984,624

  Hospitality

  $2,733,900

  Educational

  $2,274,572

  Medical

  $2,352,798

  Retail

  $3,538,224

Location Insight

City

Ypsilanti

County

Washtenaw

State

Michigan

Latitude

42.2595

Longitude

-83.6443

CBSA code

11460

CBSA name

ANN ARBOR, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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