Office
33469 W 14 Mile Rd Farmington Hills, MI 48331
33469 W 14 Mile Rd, Farmington Hills, MI, 48331
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For Sale
Contact for pricing
Office condominium totaling 11,090 SF available for sale or lease.
Property Size11,090 SF
Price / SF$99.19
Days on Market69
Property Features for 33469 W 14 Mile Rd
General Information
- Standard status
- Active
- Size
- 11,090 SF
- Property subtype
- Office
Listing agency
NAI Farbman Southfield
(248) 351-4367
Listed by
Brad Margolis · License #MI 6501371948
Source
Crexi
Added: May 16 Updated: Jul 22 at 9:00PM Checked: Jul 22 at 9:00PM
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 Southfield
Investment Insights
Based on property information with market context.
This offering includes an 11,090 SF office condominium available for sale or lease. The property is presented as office units/office space for commercial occupancy.
Located at 33469 W 14 Mile Rd in Farmington Hills, MI, the space is being marketed as a single office condominium opportunity.
The listing is available on a for-sale or for-lease basis, with the total building size identified as 11,090 SF.
Located at 33469 W 14 Mile Rd in Farmington Hills, MI, the space is being marketed as a single office condominium opportunity.
The listing is available on a for-sale or for-lease basis, with the total building size identified as 11,090 SF.
Key Highlights
- 11,090 SF office condominium available for sale or lease
- Office condo totals 11,090 SF
Local 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 | $66.5k | $6.00 |
| − Vacancy | −$15.6k | −$1.41 |
| EGI | $50.9k | $4.59 |
| − OpEx | −$12.7k | −$1.15 |
| NOI | $38.2k | $3.44 |
11,090 SF · lease $6.00/SF/yr · vacancy 23.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$545.4K
$477.2K – $636.3K
NOI $38,177 @ 7.0% cap · market cap 3.47%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.39M
$2.09M – $2.79M
NOI $167,441 @ 7.0% cap · market cap 15.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Office condominium totaling 11,090 SF available for sale or lease.
Where is this office units located?
The property is located at 33469 W 14 Mile Rd Farmington Hills, MI.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 11,090 SF office condominium available for sale or lease; Office condo totals 11,090 SF
