Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR LEASE
    Office buildings

    37899 W 12 Mile Rd, Farmington Hills, MI 48331

    6,480 SF 0.47 ac lot Built 1987
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US43-0776354
    37899 W 12 Mile Rd, Farmington Hills, MI 48331 For Lease
    $14 SF/Yr 4,005 SF available
    37899 W 12 Mile Rd, Farmington Hills, MI 48331
    View Listing →
    Property summary
    AI-generated overview

    This exceptional Farmington Hills office property, Park on the Green, presents a fantastic opportunity for businesses seeking versatile and well-located space. The single, three-story building, constructed in 1987, offers a total of 16,554 square feet of Class B office space. Currently, there are several suites available, ranging in size from 1,175 square feet to 4,005 square feet, perfect for a variety of business needs. The property boasts 68 convenient parking spaces for employees and clients, and features elevators for easy access to all three floors. Located at 37899 W 12 Mile Rd, Farmington Hills, MI 48331, this property enjoys a desirable location in Oakland County, offering easy access to major thoroughfares including I-696 and I-275. The OS1 zoning ensures flexibility for various business types. The quiet setting within a professional office park provides a peaceful and productive work environment, while the proximity to numerous lunch options adds to its convenience. This is an excellent opportunity to establish your business in a well-maintained and strategically located office building. The property's multiple suite availability allows for scalability and flexibility to accommodate businesses of varying sizes. Don't miss this chance to secure your ideal office space in this thriving Michigan community.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1987
    Total area 6,480 SF
    Lot 0.47 ac (20,473 SF)
    Zoning code KI
    APN 22-23-18-200-055
    UPID US43-0776354
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.62M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.51M
    Owner & transaction history
    Som Properties LLC · 3 yrs held
    Som Properties LLC
    since 2023
    Last sale
    $1.5M
    7 recorded transactions
    2023
    $1.5M
    2023
    2021
    2016
    2004
    2004
    2004
    $2.2M
    Zoning & alternative use
    KI · Farmington Hills, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $1.5M +95.3%
    Commercial (general) $1.1M +47.4%
    Restaurant $1.1M +44.8%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message