R&D Flex
For Sale
$9,100,000
3255 West Hamlin Road, Rochester Hills, MI 48309
Established facility combines office, laboratory, assembly, and warehouse functionality.
Property Size83,663 SF
Days on Market48
Property Features for 3255 West Hamlin Road
General Information
Standard status
Active
Size
83,663 SF
Class
A
Property subtype
Office - Flex - Office
Building Details
Building Size
83,663 SF
Year Built
1996
Listing Agency:
NAI Farbman
Listed By:
Jake Wiseman · License #6501459702
(248) 687-9150
Source:
Commercialcafe
Added: Sep 16
Changed: Oct 26
Last Checked: Nov 1 at 2:25AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 83,663-square-foot flex facility occupies 5.99 acres and was built in 1996. Its adaptable interior supports office, engineering, laboratory, light assembly, and warehouse functions, with abundant natural light, a newer parking lot, two grade-level doors, and one dock-high door. The layout is suited to owner-users requiring a combination of technical, administrative, and operational space.
Located at 3255 W. Hamlin Road in Rochester Hills, the property offers access to the M-59 corridor, I-75, Adams Road, Crooks Road, and Rochester Road. The site provides circulation and parking areas for employees, visitors, and operational activity, while its position connects users with corporate and technology activity across Oakland and Macomb Counties.
Located at 3255 W. Hamlin Road in Rochester Hills, the property offers access to the M-59 corridor, I-75, Adams Road, Crooks Road, and Rochester Road. The site provides circulation and parking areas for employees, visitors, and operational activity, while its position connects users with corporate and technology activity across Oakland and Macomb Counties.
Key Highlights
- 83,663‑square‑foot flex facility on 5.99 acres
- Office, engineering, laboratory, light assembly, and warehouse areas
- Built in 1996 with abundant natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$503,345
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,066,900
$10.1M
Cap Rate 7%
$7,190,643
$7.2M
Cap Rate 9%
$5,592,722
$5.6M
Market Conditions
NOI Build-Up for 83,663 SF
Gross rent
$614.9K $7.35/SF
− Vacancy
−$22.8K −$0.27/SF
EGI
$592.2K $7.08/SF
− OpEx
−$88.8K −$1.06/SF
NOI
$503.3K $6.02/SF
Area
Oakland County, MI
Vacancy
3.70%
Lease Rate
$7.35 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,066,900
Cap Rate 7%
$7,190,643
Cap Rate 9%
$5,592,722
Alternative Uses
Best Use
Flex RnD
$12.36M
$10.82M – $14.42M
NOI $865,310 @ 7.0% cap · market cap 9.51%
Second Best
Warehouse
$7.19M
$6.29M – $8.39M
NOI $503,345 @ 7.0% cap · market cap 5.53%
Theoretical Best
Specialty Retail
$18.05M
$15.79M – $21.05M
NOI $1,263,177 @ 7.0% cap · market cap 13.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
241
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48309, MI
31,541
Population
11,635
Households
2.7
Avg Household Size
41
Median Age
63%
College-Educated
97%
High-School Grad
15.6 sq mi
ZIP Area
2,022
Density / Sq Mi
$117,788
Median Household Income
$60,689
Median Earnings
$1,625
Median Rent
$394,700
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?
Flex space - Established facility combines office, laboratory, assembly, and warehouse functionality.
Where is this flex space located?
The property is located at 3255 West Hamlin Road Rochester Hills, MI.
What is the asking price?
The asking price for this property is $9,100,000.
What are key features of this property?
This property features: 83,663‑square‑foot flex facility on 5.99 acres; Office, engineering, laboratory, light assembly, and warehouse areas; Built in 1996 with abundant natural light
