Freestanding Office
33830 Harper Avenue, Clinton Twp, MI 48035
For Sale
New
$1,000,000
An adaptable interior can serve one occupant or be arranged for multiple tenants.
Property Size8,000 SF
Price / SF$125
Days on Market7
Property Features for 33830 Harper Avenue
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Asking Price
Highway Access
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Vanguard Realty Group
Listed By:
Elvis Xhihani · License #6501406468
(248) 602-7537
Source:
Case-realty
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 8 at 8:00PM
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 Vanguard Realty Group
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Investment Insights
Based on property information with market context.
This freestanding 8,000-square-foot office property, built in 1994, has a layout that can accommodate a single occupant or multiple tenants. The interior may also be reconfigured for a tenant’s requirements. Uses identified for the property include medical and dental offices, clinics, and a range of professional and service businesses, subject to township verification and applicable approvals.
The building is at 33830 Harper Avenue in Clinton Township, with access to I-94 and I-696. On-site parking is available, and the property has frontage along Harper Avenue.
The building is at 33830 Harper Avenue in Clinton Township, with access to I-94 and I-696. On-site parking is available, and the property has frontage along Harper Avenue.
Key Highlights
- 8,000‑square‑foot freestanding office building
- Built in 1994
- Interior can be arranged for one occupant or multiple tenants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,873
Cap Rate
8.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,677,460
$1.7M
Cap Rate 7%
$1,198,186
$1.2M
Cap Rate 9%
$931,922
$931.9K
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$158.4K $19.80/SF
− Vacancy
−$18.6K −$2.33/SF
EGI
$139.8K $17.47/SF
− OpEx
−$55.9K −$6.99/SF
NOI
$83.9K $10.48/SF
Area
Macomb County, MI
Vacancy
11.75%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,677,460
Cap Rate 7%
$1,198,186
Cap Rate 9%
$931,922
Alternative Uses
Best Use
Healthcare Medical
$1.20M
$1.05M – $1.40M
NOI $83,873 @ 7.0% cap · market cap 8.39%
Second Best
Office B
$393.4K
$344.3K – $459.0K
NOI $27,540 @ 7.0% cap · market cap 2.75%
Theoretical Best
Specialty Retail
$1.50M
$1.31M – $1.75M
NOI $104,841 @ 7.0% cap · market cap 10.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
357
Businesses Nearby
Explore this area
Business Placement
Demographics for 48035, MI
34,018
Population
15,615
Households
2.2
Avg Household Size
40
Median Age
20%
College-Educated
91%
High-School Grad
8.8 sq mi
ZIP Area
3,866
Density / Sq Mi
$69,245
Median Household Income
$41,167
Median Earnings
$1,111
Median Rent
$181,300
Median Home Value
Market
Average Price Trend$/SF for Office buildings in Macomb County, MI
Properties on Market for Office buildings in Macomb County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - An adaptable interior can serve one occupant or be arranged for multiple tenants.
Where is this office building located?
The property is located at 33830 Harper Avenue Clinton Twp, MI.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 8,000‑square‑foot freestanding office building; Built in 1994; Interior can be arranged for one occupant or multiple tenants
