1190 E Twelve Mile Rd - Medical FOR SALE


Madison Heights, MI 48071
$525,000 USD
313-623-8313
1190 E Twelve Mile Rd, Madison Heights, MI for Sale
$525,000 USD
Medical - FOR SALE
1/21
null | 11% Cap Rate

Jul '25


1190 E Twelve Mile Rd
Madison Heights, MI 48071


HIGHLIGHTS

  • 25,500 ADT on 12 Mile Rd (Strong visibility and exposure)
  • Parking Ratio: 8.58/1,000 SF (Plentiful and convenient for patients)
  • This site is in a prime regional retail trade area with strong visibility, easy access, and ample signage potential.

OVERVIEW

Three unit Medical/Office building available for sale. STE #1 - 1,267 SF, STE #2 - 1,292 SF, STE#3 - 1,515 SF Total = 4,112 SF Key Market Demographics: ? 1-Mile Radius – Population: 14,727 | Avg. HH Income: $97,367 | Daytime Pop: 12,997 ? 3-Mile Radius – Population: 44,959 | Avg. HH Income: $87,744 | Daytime Pop: 73,170 ? 5-Mile Radius – Population: 105,055 | Avg. HH Income: $83,953 | Daytime Pop: 140,564 This site is in a prime regional retail trade area with strong visibility, easy access, and ample signage potential. The demographics align perfectly with Aspen’s target audience—middle-income, blue-collar, and senior populations—ensuring a strong patient base. Additionally, the high daytime population and strong business presence further enhance the location’s viability.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$129 USD /SF

CAP RATE

11%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Twelve Mile Med & Office

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Day Care Center, Drug Store, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

O-1, Madison Hts

APN/PARCEL ID

25-13-210-001

ASK ABOUT THIS PROPERTY

Dan FayadZeal DevelopmentMore Info
313-623-8313

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Dan FayadZeal DevelopmentMore Info
313-623-8313

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.