Fully Furnished Office Residence
34354 Moravian Drive Unit SourceFi Sterling Heights, MI 48312
34354 Moravian Drive Unit SourceFi, Sterling Heights, MI, 48312
$695,000
For Sale
$695,000
Fully furnished office setup with a functional client-facing layout and private office and administrative space plus a 1.5-car garage.
Property Size1,933 SF
Price / SF$359.54
Days on Market86
Property Features for 34354 Moravian Drive Unit SourceFi
General Information
- Standard status
- Active
- Size
- 1,933 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 19
Listing agency
Lambrecht Realty LLC
(248) 514-4667
Listed by
James Lambrecht
(248) 514-4667
Source
Xome
Added: Apr 27 Updated: Jul 20 at 8:43PM Checked: Jul 21 at 3:09AM
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 Lambrecht Realty LLC
Investment Insights
Based on property information with market context.
This fully furnished property is arranged for professional use, with a functional layout that supports client-facing operations, private offices, and administrative space. The offering includes a 1.5-car garage that can be used for storage or utilities. The building is presented as versatile office space suitable for a range of office-related uses.
The property is positioned on a highly visible corner of Moravian and Schoenherr, with high traffic exposure and excellent accessibility noted in the remarks. The site includes a generous lot with adjacent open land, and it neighbors a large utility parcel.
Overall, this is a compact, office-focused offering that combines an interior work environment with on-site ancillary space, set on a lot that includes additional adjacent open area per the provided information.
The property is positioned on a highly visible corner of Moravian and Schoenherr, with high traffic exposure and excellent accessibility noted in the remarks. The site includes a generous lot with adjacent open land, and it neighbors a large utility parcel.
Overall, this is a compact, office-focused offering that combines an interior work environment with on-site ancillary space, set on a lot that includes additional adjacent open area per the provided information.
Key Highlights
- Fully furnished office setup with a functional client‑facing layout and private office plus administrative space
- Located at the highly visible corner of Moravian and Schoenherr
- 1.5‑car garage provides additional storage or utility use
Local Financial Insights For Healthcare Medical
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 | $44.1k | $22.80 |
| − Vacancy | −$3.5k | −$1.82 |
| EGI | $40.5k | $20.98 |
| − OpEx | −$16.2k | −$8.39 |
| NOI | $24.3k | $12.59 |
1,933 SF · lease $22.80/SF/yr · vacancy 8.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$347.5K
$304.1K – $405.5K
NOI $24,328 @ 7.0% cap · market cap 3.50%
Second Best
Office B
$318.9K
$279.1K – $372.1K
NOI $22,326 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$426.4K
$373.1K – $497.5K
NOI $29,850 @ 7.0% cap · market cap 4.29%
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 - Fully furnished office setup with a functional client-facing layout and private office and administrative space plus a 1.5-car garage.
Where is this office units located?
The property is located at 34354 Moravian Drive Unit SourceFi Sterling Heights, MI.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Fully furnished office setup with a functional client‑facing layout and private office plus administrative space; Located at the highly visible corner of Moravian and Schoenherr; 1.5‑car garage provides additional storage or utility use
