Listing Agency: NAI Farbman Southfield b***@farbman.com Show Phone

Listed By: Brad Margolis · License #MI 6501371948

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 1:44PM

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Investment Insights

Based on property information with market context.

This office building totals 11,649 square feet and is offered for sale or lease. The property is set up to accommodate office use within a single building footprint.

The building is located at 31690 W 12 Mile Rd in Farmington Hills, Michigan (48334).

Key Highlights

• 11,649 SF multi‑tenant office building
• Available for sale or lease

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Storage Facility Locksmith Garden Center Furniture & Home Goods Plumbing Service Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

301

Businesses Nearby

Explore this area Business Placement

Demographics for 48334, MI

18,731

Population

8,528

Households

2.2

Avg Household Size

45

Median Age

59%

College-Educated

96%

High-School Grad

9.1 sq mi

ZIP Area

2,058

Density / Sq Mi

$98,937

Median Household Income

$56,067

Median Earnings

$1,511

Median Rent

$327,200

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Multi-tenant office building offering 11,649 SF for sale or lease.

Where is this office building located?

The property is located at 31690 W 12 Mile Rd Farmington Hills, MI.

What are key features of this property?

This property features: 11,649 SF multi‑tenant office building; Available for sale or lease