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Property profile & analytics
OFF-MARKET Estimated value $7,475,000
Industrial properties

39205 Country Clb Dr Farmington Hills, MI 48331-3495

166,026 SF 14.42 ac lot Built 1989
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-1123770
Property summary
AI-generated overview

This exceptional 12,609-square-foot property in Oakland County offers a unique sublease opportunity ideal for a high-tech company seeking flexible, versatile space. The building boasts a blend of modern office and industrial areas, perfectly suited for research and development, or a combination thereof. The office component comprises 9,884 square feet, providing ample room for administrative functions and collaborative workspaces. Complementing this is a 2,725-square-foot warehouse/lab area featuring a generous 16-foot clear ceiling height, ideal for storage, equipment, or laboratory operations. Four grade-level dock-high doors ensure efficient loading and unloading. The property is currently entirely vacant and available for immediate occupancy. The sublease agreement expires January 31, 2027. The current lease rate is $14.00 per square foot, triple net (NNN), with a reduced rate of $7.00 per square foot NNN through December 31, 2024. This turnkey space features high-end finishes throughout, making it an attractive option for businesses seeking a move-in ready solution. The property's location in Oakland County provides excellent access to transportation networks and a skilled workforce. Don't miss this opportunity to secure a prime location for your business's future growth.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL LOFT BUILDING
Year built 1989
Total area 166,026 SF
Lot 14.42 ac (628,135 SF)
Zoning code II
APN 22-23-18-100-024
UPID US43-1123770
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.48M
Owner & transaction history
Haggerty 4 LLC · 10 yrs held
Haggerty 4 LLC
since 2016
7 recorded transactions
2018
Price N/A
2016
Price N/A
2013
Price N/A
2004
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
II · Farmington Hills, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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