Building Details

Tenancy Multi

Listing Agency: NAI Farbman Southfield b***@farbman.com Show Phone

Listed By: Brad Margolis · License #MI 6501371948

Source: Crexi

Added: Apr 19, 2021 Changed: Aug 13 Last Checked: Aug 23 at 6:57AM

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Investment Insights

Based on property information with market context.

This commercial real estate property offers a fantastic office space available for sale or lease. The property provides a total area of 46468 square feet. It is located at 31500 13 Mile Rd, Farmington Hills, MI 48334.

Key Highlights

• Fantastic office space
• For sale
• For lease

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Garden Center Locksmith (Bike/Boat/Book/etc) Store Catering Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

842

Businesses Nearby

Explore this area Business Placement

Demographics for 48334, MI

18,731

Population

8,528

Households

2.2

Avg Household Size

45

Median Age

59%

College-Educated

96%

High-School Grad

9.1 sq mi

ZIP Area

2,058

Density / Sq Mi

$98,937

Median Household Income

$56,067

Median Earnings

$1,511

Median Rent

$327,200

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Fantastic office space available for sale or lease.

Where is this office units located?

The property is located at 31500 13 Mile Rd Farmington Hills, MI.

What are key features of this property?

This property features: Fantastic office space; For sale; For lease