Private Office
801 S Adams Road 203, Birmingham, MI 48009
For Sale
Contact for pricing
Vacant second-floor office suite with natural light, onsite parking, and access to nearby retail and restaurants.
Property Size129 SF
Price / SF$9.69
Days on Market61
Property Features for 801 S Adams Road 203
General Information
Standard status
Size
Additional Details
Floor
Building Details
Tenancy
Listing Agency:
Detroit Metro Realty
(313) 488-5585
Listed By:
Chansamone Phimsavanh
(586) 260-3273
Source:
Blueowlprop
Added: Sep 11
Changed: Oct 26
Last Checked: Nov 8 at 5:16AM
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 Detroit Metro Realty
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Investment Insights
Based on property information with market context.
Suite 203 provides a private 129-square-foot office on the second level of a multi-tenant property at 801 S Adams Road. The vacant space includes gray wood-look flooring, white walls with a wood-paneled accent, a large window fitted with blinds and curtains, drop-ceiling fluorescent lighting, and installed electrical outlets. It is available for occupancy now.
Onsite parking supports the property, which sits on South Adams Road just south of Maple. The location is adjacent to Birmingham’s Triangle District, with retail, restaurants, and new residential development nearby, along with access to Woodward Avenue. The suite is suited to professional services, consulting, medical-related operations, or other small businesses seeking a private office setting.
Onsite parking supports the property, which sits on South Adams Road just south of Maple. The location is adjacent to Birmingham’s Triangle District, with retail, restaurants, and new residential development nearby, along with access to Woodward Avenue. The suite is suited to professional services, consulting, medical-related operations, or other small businesses seeking a private office setting.
Key Highlights
- 129 SF private office suite on the second floor
- Vacant space available for occupancy now
- Large window with blinds and curtains for natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$444
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,880
$8.9K
Cap Rate 7%
$6,343
$6.3K
Cap Rate 9%
$4,933
$4.9K
Market Conditions
NOI Build-Up for 129 SF
Gross rent
$774 $6.00/SF
− Vacancy
−$182 −$1.41/SF
EGI
$592 $4.59/SF
− OpEx
−$148 −$1.15/SF
NOI
$444 $3.44/SF
Area
Oakland County, MI
Vacancy
23.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,880
Cap Rate 7%
$6,343
Cap Rate 9%
$4,933
Alternative Uses
Best Use
Office B
$6.3K
$5.6K – $7.4K
NOI $444 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$27.8K
$24.4K – $32.5K
NOI $1,948 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,606
Businesses Nearby
Explore this area
Business Placement
Demographics for 48009, MI
21,817
Population
10,333
Households
2.1
Avg Household Size
43
Median Age
77%
College-Educated
99%
High-School Grad
5.0 sq mi
ZIP Area
4,363
Density / Sq Mi
$152,443
Median Household Income
$84,415
Median Earnings
$1,891
Median Rent
$712,000
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Oakland County, MI
Properties on Market for Office Units in Oakland County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Vacant second-floor office suite with natural light, onsite parking, and access to nearby retail and restaurants.
Where is this office unit located?
The property is located at 801 S Adams Road 203 Birmingham, MI.
What are key features of this property?
This property features: 129 SF private office suite on the second floor; Vacant space available for occupancy now; Large window with blinds and curtains for natural light
