Office Unit with Private
For Sale
Contact for pricing
32905 W 12 Mile Rd, Farmington Hills, MI 48334
Configured with reception, private offices, a kitchenette, and convenient access to I-696 and I-275.
Property Size990 SF
Price / SF$111.11
Days on Market116
Property Features for 32905 W 12 Mile Rd
General Information
Standard status
Active
Size
990 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Amenities
Reception area
Four private offices
Private in-suite restroom
Kitchenette
Listing Agency:
NAI Farbman - Corporate
(248) 351-4380
Listed By:
Nathan Casey · License #6501410787
(248) 351-4391
Source:
Moodyscre
Added: Apr 10
Changed: Jul 31
Last Checked: Jul 31 at 12:33PM
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 - Corporate
Investment Insights
Based on property information with market context.
This 990-square-foot office unit includes a reception area, four private offices, a private in-suite restroom, and a kitchenette. The layout provides a defined professional setting for office users, with ample parking available on the property.
The property is located at 32905 W 12 Mile Rd in Farmington Hills, Michigan, with quick access to I-696 and I-275. Professional property management is in place.
The property is located at 32905 W 12 Mile Rd in Farmington Hills, Michigan, with quick access to I-696 and I-275. Professional property management is in place.
Key Highlights
- 990‑square‑foot office unit
- Reception area with four private offices
- Private in‑suite restroom and kitchenette
Financial Insights For Office B
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 | $5.9k | $6.00 |
| − Vacancy | −$1.4k | −$1.41 |
| EGI | $4.5k | $4.59 |
| − OpEx | −$1.1k | −$1.15 |
| NOI | $3.4k | $3.44 |
990 SF · lease $6.00/SF/yr · vacancy 23.50% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$191.4K
$167.5K – $223.3K
NOI $13,397 @ 7.0% cap · market cap 12.18%
Second Best
Office B
$48.7K
$42.6K – $56.8K
NOI $3,408 @ 7.0% cap · market cap 3.10%
Theoretical Best
Specialty Retail
$213.5K
$186.8K – $249.1K
NOI $14,947 @ 7.0% cap · market cap 13.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Configured with reception, private offices, a kitchenette, and convenient access to I-696 and I-275.
Where is this office units located?
The property is located at 32905 W 12 Mile Rd Farmington Hills, MI.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: 990‑square‑foot office unit; Reception area with four private offices; Private in‑suite restroom and kitchenette
