Farmington Hills Office
For Sale
Contact for pricing
32969 & 32985 Hamilton Ct, Farmington Hills, MI 48334
Two office buildings totaling 63,807 SF on 12 Mile Road.
Property Size63,807 SF
Price / SF$29.39
Days on Market704
Property Features for 32969 & 32985 Hamilton Ct
General Information
Standard status
Active
Size
63,807 SF
Class
C
Total Parking Spaces
177
Property subtype
Office
Zoning
OS-4 | Office Research District
Occupancy
60%
Investment Type
Value Add
Net Operating Income
$97,412
Building Details
Year Built
1975
Year Renovated
2024
Buildings
2
Stories
3
Tenancy
Multi
Listing Agency:
P.A. Commercial Corporate & Investment Real Estate
Listed By:
Matthew Schiffman · License #MI 6501364824
Source:
Crexi
Added: Sep 24, 2024
Changed: Aug 28
Last Checked: Aug 3 at 4:15AM
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 P.A. Commercial Corporate & Investment Real Estate
Investment Insights
Based on property information with market context.
Quakertown Plaza offers an opportunity to acquire two three-story office buildings totaling 63,807 square feet. The property is located off West 12 Mile Road in Farmington Hills, positioning it in one of Metro Detroit’s active office corridors with access to I-696. The location benefits from high daytime traffic and strong demographics. Nearby are major corporate neighbors such as First Merchants Bank Headquarters, Residence Inn by Marriott, Courtyard by Marriott, and Holiday Inn & Suites. The location provides walkable access to restaurants, cafés, and daily conveniences. The property is currently 60% leased, offering in-place income with potential for lease-up. Recent ownership upgrades include heating and cooling system replacements and cosmetic enhancements. The property is suited for a user needing 10,000+ square feet or an investor looking to create long-term value through capital improvements, modernized design, or a new identity.
Key Highlights
- Significantly undervalued asset offered at $29.38 per square foot, less than 25% of replacement cost.
- Located in a highly desirable Farmington Hills office submarket with seamless access to I‑696 and Metro Detroit.
- Offers immediate in‑place income with 60% current occupancy and upside potential through lease‑up.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
772
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Two office buildings totaling 63,807 SF on 12 Mile Road.
Where is this office building located?
The property is located at 32969 & 32985 Hamilton Ct Farmington Hills, MI.
What is the asking price?
The asking price for this property is $1,875,000.
What are key features of this property?
This property features: Significantly undervalued asset offered at $29.38 per square foot, less than 25% of replacement cost.; Located in a highly desirable Farmington Hills office submarket with seamless access to I‑696 and Metro Detroit.; Offers immediate in‑place income with 60% current occupancy and upside potential through lease‑up.
