Renovated Medical Office with Exam
For Sale
Contact for pricing
25950 Middlebelt Road, Farmington Hills, MI 48336
The single-story medical suite includes private offices, exam rooms, and existing medical equipment.
Property Size4,397 SF
Lot Size0.67 Acres
Price / SF$0.63
Days on Market30
Property Features for 25950 Middlebelt Road
General Information
Standard status
Active
Size
4,397 SF
Total Parking Spaces
25
Lot size
0.67 Acres
Property subtype
Commercial
Zoning
BI
Additional Details
Condition
Newly Renovated
Property Use
Medical Office
Medical Specialty
urgent care
Building Details
Year Built
1972
Buildings
1
Stories
1
Construction
masonry
Listing Agency:
Keller Williams Paint Creek
(248) 609-8000
Listed By:
Brock Bean · License #6501462328
(586) 876-1140
Source:
Goodhomemi
Added: Sep 30
Changed: Oct 28
Last Checked: Oct 28 at 2:57PM
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 Keller Williams Paint Creek
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Investment Insights
Based on property information with market context.
This 4,397-square-foot medical office occupies a single-story masonry building constructed in 1972. Its renovated interior is arranged with private offices and dedicated exam rooms, and existing medical equipment is in place. The property sits on a 0.67-acre lot totaling 29,011 square feet and provides 25 surface parking spaces for patients and staff.
Located at 25950 Middlebelt Road in Farmington Hills, the building is near the intersection of Middlebelt Road and W 11 Mile Road. The property is zoned BI.
Located at 25950 Middlebelt Road in Farmington Hills, the building is near the intersection of Middlebelt Road and W 11 Mile Road. The property is zoned BI.
Key Highlights
- 4,397‑square‑foot medical office with a renovated interior
- Private offices, dedicated exam rooms, and existing medical equipment
- Single‑story masonry building constructed in 1972
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,137
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,740
$302.7K
Cap Rate 7%
$216,243
$216.2K
Cap Rate 9%
$168,189
$168.2K
Market Conditions
NOI Build-Up for 4,397 SF
Gross rent
$26.4K $6.00/SF
− Vacancy
−$6.2K −$1.41/SF
EGI
$20.2K $4.59/SF
− OpEx
−$5.0K −$1.15/SF
NOI
$15.1K $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%
$302,740
Cap Rate 7%
$216,243
Cap Rate 9%
$168,189
Alternative Uses
Best Use
Healthcare Medical
$850.0K
$743.8K – $991.7K
NOI $59,502 @ 7.0% cap · market cap 2,163.71%
Second Best
Office B
$216.2K
$189.2K – $252.3K
NOI $15,137 @ 7.0% cap · market cap 550.44%
Theoretical Best
Specialty Retail
$948.4K
$829.9K – $1.11M
NOI $66,388 @ 7.0% cap · market cap 2,414.11%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
163
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 48336, MI
26,802
Population
12,296
Households
2.2
Avg Household Size
42
Median Age
44%
College-Educated
92%
High-School Grad
9.3 sq mi
ZIP Area
2,882
Density / Sq Mi
$85,325
Median Household Income
$54,077
Median Earnings
$1,141
Median Rent
$247,600
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Burns Dr Steven DVM — 25811 Chapelweigh Dr, Farmington Hills, MI 48336
Frequently Asked Questions
What type of property is this?
Medical Office Space - The single-story medical suite includes private offices, exam rooms, and existing medical equipment.
Where is this medical office space located?
The property is located at 25950 Middlebelt Road Farmington Hills, MI.
What are key features of this property?
This property features: 4,397‑square‑foot medical office with a renovated interior; Private offices, dedicated exam rooms, and existing medical equipment; Single‑story masonry building constructed in 1972
