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    3890 11 Mile Rd Berkley, MI 48072

    Sponsored
    For Lease
    $11 SF/Yr ($6,462 /Mo)

    Flexible Suites, Oakland County, MI

    Lot size:
    6,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional multi-use property at 3890 W Eleven Mile Rd in Berkley, Michigan offers 6,600 square feet of versatile space, ideal for a variety of businesses. Located in Oakland County, this building boasts a prime location and features a mix of traditional office, flex, and warehouse space. Currently, there are two suites available, with a minimum divisible space of 2,355 square feet and a maximum contiguous space of 2,506 square feet. A total of 4,861 square feet is currently vacant and ready for immediate occupancy. The property sits on a 0.37-acre lot and includes ample parking with 18 spaces. The building underwent renovations in 2023, ensuring modern amenities and functionality. The property's flexible layout caters to businesses needing a combination of office and warehouse space, or those seeking a traditional office environment. Its strategic location in Berkley provides easy access to major transportation routes and a thriving business community. The property is available for lease and offers a unique opportunity to establish or expand your business in a desirable location. The zip code is 48072.

    Property Features for 3890 11 Mile Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,600 SF
    Total Rate
    6462.5

    Building Details

    Year Renovated
    2023

    Unit(s) available at that property

    Space
    Suite 1 - Front Office
    Size
    2,355 SF
    Rate per SF
    $16
    Space
    Suite 3 - Back Unit
    Size
    2,506 SF
    Rate per SF
    $11

    HighLights

    • Available Suite #1: 2,355 square feet of front office space.
    • Suite #2: 1,739 square feet, currently leased.
    • Available Suite #3: 2,506 square feet of back unit space.
    • Lease Rate: Suite #1 - $16/SF, plus utilities.
    • Suite #3 - $11.75/SF, plus utilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Berkley
    County
    Oakland
    State
    Michigan
    Longitude
    -83.19873593
    Latitude
    42.48851941

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    FAQs

    What type of property is this?
    Distribution property - Flexible Suites, Oakland County, MI
    Where is this distribution property located?
    The property is located at 3890 11 Mile Rd Berkley, MI.
    What is the lease rate?
    The lease rate is $11-$16 SF/Yr.
    What are key features of this property?
    This property features: Available Suite #1: 2,355 square feet of front office space.; Suite #2: 1,739 square feet, currently leased.; Available Suite #3: 2,506 square feet of back unit space.
    Request Owner's contact information
    3890 11 Mile Rd Berkley, MI 48072
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3890 11 Mile Rd Berkley, MI 48072
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