Two-Story Medical Office
S 2708 S Rochester Road Unit SourceFi Rochester Hills, MI 48307
S 2708 S Rochester Road Unit SourceFi, Rochester Hills, MI, 48307
$1,795,000
For Sale
$1,795,000
Fully renovated two-story medical/professional office with elevator access, ample on-site parking, and visibility on Rochester Road.
Property Size9,637 SF
Price / SF$186.26
Days on Market315
Property Features for S 2708 S Rochester Road Unit SourceFi
General Information
- Standard status
- Active
- Size
- 9,637 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 19
Listing Agency
(248) 388-6749
Listed by
Central Properties
(248) 388-6749
Source
Xome
Added: Sep 8, 2025 Checked: Jul 19 at 1:49 am
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 Central Properties
Investment Insights
Based on property information with market context.
This 9,637 SF, two-story medical/professional office building has been fully renovated with modern finishes. The property is designed for accessibility and convenience, with elevator access and ample on-site parking to support daily operations.
Located in Rochester Hills, the building provides visibility on Rochester Road, helping support client traffic and branding for compatible medical or professional uses.
The layout is described as flexible and well-suited for medical or professional occupancy, offering an owner-user the opportunity to tailor space to their needs while maintaining a polished, turn-key appearance.
Located in Rochester Hills, the building provides visibility on Rochester Road, helping support client traffic and branding for compatible medical or professional uses.
The layout is described as flexible and well-suited for medical or professional occupancy, offering an owner-user the opportunity to tailor space to their needs while maintaining a polished, turn-key appearance.
Key Highlights
- 9,637 SF, two‑story medical/professional office building in Rochester Hills
- Fully renovated with modern finishes
- Elevator access for multi‑level convenience
Local Financial Insights For Healthcare Medical
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 | $242.9k | $25.20 |
| − Vacancy | −$25.5k | −$2.65 |
| EGI | $217.4k | $22.55 |
| − OpEx | −$86.9k | −$9.02 |
| NOI | $130.4k | $13.53 |
9,637 SF · lease $25.20/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.86M
$1.63M – $2.17M
NOI $130,412 @ 7.0% cap · market cap 7.27%
Second Best
Office B
$473.9K
$414.7K – $552.9K
NOI $33,175 @ 7.0% cap · market cap 1.85%
Theoretical Best
Specialty Retail
$2.08M
$1.82M – $2.43M
NOI $145,503 @ 7.0% cap · market cap 8.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
Similar Off Market Nearby
- Cat Care of Rochester Hills — 173 W Auburn Rd, Rochester Hills, MI 48307
- Sloan Tamara DVM — 173 W Auburn Rd, Rochester Hills, MI 48307
- Frank Pamela DVM — 173 w auburn rd, rochester hills, mi 48307
- Banfield Pet Hospital — 3117 S Rochester Rd, Rochester Hills, MI 48307
- VetIQ Petcare — 3175 s rochester rd, rochester hills, mi 48307
FAQs
What type of property is this?
Medical Office Space - Fully renovated two-story medical/professional office with elevator access, ample on-site parking, and visibility on Rochester Road.
Where is this medical office space located?
The property is located at S 2708 S Rochester Road Unit SourceFi Rochester Hills, MI.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: 9,637 SF, two‑story medical/professional office building in Rochester Hills; Fully renovated with modern finishes; Elevator access for multi‑level convenience
