248-865-0066
4777 E Outer Dr, Detroit, MI for Sale
Hospitals - FOR SALE
1/27
null | Request Cap Rate

4777 E Outer Dr
Detroit, MI 48234
Grant


HIGHLIGHTS

  • Unlock the potential of this 13.36-acre former hospital property, perfect for redevelopment with advantageous zoning.
  • Strategically located just 20 minutes northeast of Downtown Detroit with key access by E 8 Mile Road near Interstate 94.
  • Numerous uses are permitted under the R-5 zoning designation, including apartments, assisted living, schools, medical clinics, and more.
  • Highly visible location on Outer Drive, which sees over 16,900 vehicles per day, with additional frontage on Conner Street.
  • This area of Detroit has experienced rapid growth over the past five years, with a 3% population increase within a 2-mile radius.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lender Owned Redevelopment Opportunity

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Hospitals

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

917

LAND DETAILS

LAND ACRES

13.36 AC

LAND SF

581,962 SF

ZONING

R5

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Michael ShapiroM. Shapiro Development Company, LLCMore Info
248-865-0066

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Michael ShapiroM. Shapiro Development Company, LLCMore Info
248-865-0066

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