4777 E Outer Dr - Medical FOR SALE


Detroit, MI 48234
$2,899,000 USD
248-865-0066
4777 E Outer Dr, Detroit, MI for Sale
$2,899,000 USD
Medical - FOR SALE
1/15
null | Request Cap Rate

4777 E Outer Dr
Detroit, MI 48234


HIGHLIGHTS

  • 13.36 +/- Acres
  • Development Opportunity
  • Zoned R-5 Medium Density Residential District

OVERVIEW

For Sale, Lender Owned - 13.36 +/- Acres Development Opportunity. Former 340,671 +/- SF Hospital Zoned R5 Medium Density Residential District. Numerous uses permitted under the R-5 zoning designation, including Multi-Family Apartments, Single Family and townhouse developments, assisted living and nursing home facilities, child/adult care centers, hospital, school and medical/dental clinics. 933' of frontage on Conner Street, 990' of frontage on Outer Drive. Call for more details.

FOR SALE DETAILS

PRICE

$2,899,000 USD

PRICE/SF

$9 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

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

17-01-635-00-03L

ASK ABOUT THIS PROPERTY

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.

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.