72 Washington StOxford, MI 48371

Property Details for 72 Washington St

Year built

2006

Lot size

0.26 AC

Property size (Sq ft)

19,376 SF

Zone code

BI

Property type

Medical offices

Property subtype

Medical centers

APN

PO-04-27-230-020

APU

PO0427230020

Description

This exceptional 1,869 square foot medical office space is situated within the Crittenton Medical Plaza, a Class B building located at 72 S Washington St, Oxford, MI 48371. Built in 2006, this two-story building offers a prime location in Oakland County's Oxford submarket cluster. The suite is immediately available and represents the entire vacant space within the building, offering a unique opportunity for a single tenant to occupy a fully self-contained unit. The minimum divisible space is 1,869 square feet, and the maximum contiguous space available is also 1,869 square feet. The total building size is 19,123 square feet, indicating a well-established medical facility with ample space for multiple tenants. The property's location in Oxford, Michigan provides convenient access to local amenities and a strong patient base. This is an excellent opportunity for a medical practice seeking a move-in ready space in a thriving community. The property is categorized as a multi-tenant building, though this specific suite is currently vacant and available for immediate occupancy. This presents a rare chance to secure a sizable, self-contained medical office space in a desirable location. The property's classification as a Class B building reflects its well-maintained condition and functional design.

• CAP approach

  CAP return

  Valuation

  6%

  $3,316,938

  6.5%

  $3,061,788

  7%

  $2,843,089

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,812,431

  Geo Method

  $1,812,431

• Alternative Use

  Use

  Valuation

  Residential

  $3,796,618

  Hospitality

  $3,477,682

  Educational

  $2,893,390

  Medical

  $2,992,898

  Retail

  $4,500,829

Location Insight

City

Oxford

County

Oakland

State

Michigan

Latitude

42.8225

Longitude

-83.2625

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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