Office Building with Monument
For Sale
Contact for pricing
2104 E 11 Mile Rd, Royal Oak, MI 48067
Two available suites are supported by on-site parking and signage along 11 Mile Road.
Property Size12,130 SF
Price / SF$0.00
Days on Market320
Property Features for 2104 E 11 Mile Rd
General Information
Standard status
Active
Size
12,130 SF
Property subtype
Office
Zoning
NB
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
monument signage
Building Details
Building Size
12,130 SF
Listing Agency:
NAI Farbman
Listed By:
Brad Margolis · License #6501371948
(248) 351-4367
Source:
Cpix.resimplifi
Added: Dec 3, 2025
Changed: Oct 14
Last Checked: Oct 16 at 5:56AM
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 NAI Farbman
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Investment Insights
Based on property information with market context.
This 12,130-square-foot office building at 2104 E 11 Mile Rd includes two remaining suites measuring 3,500 square feet and 2,292 square feet. The property is available for sale or lease and is zoned NB. A full-service gross lease structure is supported where applicable.
Monument signage along 11 Mile Road provides an identifiable presence, while ample parking and smooth ingress and egress support daily office operations. The property also offers access to area freeways, adding regional connectivity for occupants and visitors.
Monument signage along 11 Mile Road provides an identifiable presence, while ample parking and smooth ingress and egress support daily office operations. The property also offers access to area freeways, adding regional connectivity for occupants and visitors.
Key Highlights
- 12,130‑square‑foot office building zoned NB
- Remaining suites measure 3,500 SF and 2,292 SF
- Monument signage along 11 Mile Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,758
Suggested Prices Based on Cap Rates
Cap Rate 5%
$835,160
$835.2K
Cap Rate 7%
$596,543
$596.5K
Cap Rate 9%
$463,978
$464.0K
Market Conditions
NOI Build-Up for 12,130 SF
Gross rent
$72.8K $6.00/SF
− Vacancy
−$17.1K −$1.41/SF
EGI
$55.7K $4.59/SF
− OpEx
−$13.9K −$1.15/SF
NOI
$41.8K $3.44/SF
Area
Oakland County, MI
Vacancy
23.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$835,160
Cap Rate 7%
$596,543
Cap Rate 9%
$463,978
Alternative Uses
Best Use
Office B
$596.5K
$522.0K – $696.0K
NOI $41,758 @ 7.0% cap · market cap 363,113.04%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.62M
$2.29M – $3.05M
NOI $183,144 @ 7.0% cap · market cap 1,592,556.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,392
Businesses Nearby
Explore this area
Business Placement
Demographics for 48067, MI
24,589
Population
13,714
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
96%
High-School Grad
4.6 sq mi
ZIP Area
5,345
Density / Sq Mi
$107,355
Median Household Income
$76,700
Median Earnings
$1,435
Median Rent
$309,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Two available suites are supported by on-site parking and signage along 11 Mile Road.
Where is this office building located?
The property is located at 2104 E 11 Mile Rd Royal Oak, MI.
What are key features of this property?
This property features: 12,130‑square‑foot office building zoned NB; Remaining suites measure 3,500 SF and 2,292 SF; Monument signage along 11 Mile Road
