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    24062 Orchard Lake Rd Farmington Hills, MI 48336

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    For Lease
    $1,200 /Mo

    High-traffic retail/office space for lease with parking.

    Lot size:
    0.17 Acres

    Property Features for 24062 Orchard Lake Rd

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    1948

    Source: KW Realty Living Agent Jill Baker

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail or Office Space Available

    This property offers a versatile space suitable for either office or retail use. The lease is structured as an NNN lease with a minimum term of 2 years. The property is situated in a high-traffic area with good visibility. The tenant is responsible for covering the costs of utilities, water, sewer, and trash services. A small parking lot is available at the front of the property, and a garage door provides additional access and flexibility. The property presents a significant opportunity for customization and adaptation to suit the specific needs of the tenant.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Farmington Hills
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3553997
    Latitude
    42.4692148

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    FAQs

    What type of property is this?
    Retail space - High-traffic retail/office space for lease with parking.
    Where is this retail space located?
    The property is located at 24062 Orchard Lake Rd Farmington Hills, MI.
    What are key features of this property?
    This property features: - Prime location in a high-traffic retail/office area.; - Affordable $1,200/month NNN lease.; - Flexible space suitable for office or retail use.
    (248) 379-2324
    Request Owner's contact information
    24062 Orchard Lake Rd Farmington Hills, MI 48336
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    24062 Orchard Lake Rd Farmington Hills, MI 48336
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