Freestanding Office
18200 E Thirteen Mile Rd Roseville, MI 48066
18200 E Thirteen Mile Rd, Roseville, MI, 48066
$279,000
For Sale
$279,000
Well-maintained freestanding office building with a large concrete parking lot and a private, fenced rear yard.
Property Size2,486 SF
Price / SF$112.23
Days on Market189
Property Features for 18200 E Thirteen Mile Rd
General Information
- Standard status
- Active
- Size
- 2,486 SF
- Property subtype
- Office, Retail
Building Details
- Year Built
- 1965
Listing agency
Pilot Property Group
(586) 337-5241
Listed by
James Diehl · License #6501368863
(586) 337-5241
Source
Cpix.resimplifi
Added: Jan 13 Updated: Jul 21 at 2:06AM Checked: Jul 21 at 3:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pilot Property Group
Investment Insights
Based on property information with market context.
This well-maintained freestanding office building offers a practical layout for office use. The property includes a large concrete parking lot for customer or employee parking, along with monument signage for visibility.
A private, fenced rear yard provides an enclosed outdoor area that can support everyday operations.
Overall, the building’s office configuration, parking, signage, and enclosed rear yard make it a straightforward option for an owner-occupant or an office user seeking a self-contained property.
A private, fenced rear yard provides an enclosed outdoor area that can support everyday operations.
Overall, the building’s office configuration, parking, signage, and enclosed rear yard make it a straightforward option for an owner-occupant or an office user seeking a self-contained property.
Key Highlights
- Freestanding office building in Roseville built in 1965
- Large concrete parking lot for on‑site parking
- Monument signage on the property
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $14.9k | $6.00 |
| − Vacancy | −$3.5k | −$1.41 |
| EGI | $11.4k | $4.59 |
| − OpEx | −$2.9k | −$1.15 |
| NOI | $8.6k | $3.44 |
2,486 SF · lease $6.00/SF/yr · vacancy 23.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$122.3K
$107.0K – $142.6K
NOI $8,558 @ 7.0% cap · market cap 3.07%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$465.4K
$407.2K – $543.0K
NOI $32,579 @ 7.0% cap · market cap 11.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Inszone Insurance Services
Insurance Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Well-maintained freestanding office building with a large concrete parking lot and a private, fenced rear yard.
Where is this office building located?
The property is located at 18200 E Thirteen Mile Rd Roseville, MI.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Freestanding office building in Roseville built in 1965; Large concrete parking lot for on‑site parking; Monument signage on the property
