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    1050-1100 University Dr Rochester, MI 48307

    For Lease
    $19 SF/Yr

    Prime location, flexible suites, ample parking.

    Lot size:
    12,164 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 12,164 square foot medical office building, located at 1050-1100 W University in Rochester Hills, Michigan, presents a unique investment opportunity. Situated on a 1.37-acre lot, this single-story, Class C building boasts 75 parking spaces, ensuring convenient access for patients and staff. Built in 1968 and extensively renovated in 2020, the property offers a blend of established infrastructure and modern amenities. Currently featuring multiple tenancies, there are two medical office suites available, ranging in size from 1,000 to 3,278 square feet, providing flexibility for various medical practices. The building's strategic location, directly across from Ascension Crittenton Hospital, offers unparalleled visibility and accessibility to a large patient base. The O-1 zoning ensures compliance with medical office use. On-site management provides added convenience and peace of mind. The property's address is 1050-1100 W University, Rochester Hills, MI 48307, conveniently located east of Livernois, on the north side of University. The Oakland County parcel number is 1510376008. This is a rare opportunity to acquire a well-maintained medical office building in a high-demand area.

    Property Features for 1050-1100 University Dr

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,164 SF
    Class
    C
    Total Rate
    20222.65

    Building Details

    Year Built/Renovated
    1968/2020
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Suites
    Size
    3,278 SF
    Rate per SF
    $19

    HighLights

    • Medical office suites in a prime location.
    • Across from Ascension Crittenton Hospital.
    • Flexible floor plans available.
    • On‑site property management.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Law Firm Restaurant Hair Salon Spa & Massage Dental Office Nail Salon Clothing Store Building Supply Daycare Center Realty agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Oakland
    State
    Michigan
    Longitude
    -83.146583235176
    Latitude
    42.681804663441

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    FAQs

    What type of property is this?
    Medical office - Prime location, flexible suites, ample parking.
    Where is this medical office located?
    The property is located at 1050-1100 University Dr Rochester, MI.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: Medical office suites in a prime location.; Across from Ascension Crittenton Hospital.; Flexible floor plans available.
    Request Owner's contact information
    1050-1100 University Dr Rochester, MI 48307
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    Rochester, MI 48307
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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
    1050-1100 University Dr Rochester, MI 48307
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