Property profile

23800 Orchard Lake Rd Farmington Hills, MI 48336

FOR LEASE
Medical Office Space
Property ID
US43-1748696
35,120 SF 2.86 ac lot Built 1979
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The Copper Building offers 30,000 square feet of prime medical office space for lease in Farmington, MI. This multi-tenant building provides flexible floor plans with suites ranging from a minimum of 960 square feet to a maximum of 20,000 square feet, with up to 15,000 contiguous square feet available. The building boasts a fantastic location, offering convenient access to I-696 and Beaumont (Corewell) Health, ensuring easy commutes for both patients and staff. Its prominent position on Orchard Lake Road provides excellent visibility and includes monument signage opportunities for enhanced brand recognition. Ample parking is available with 146 spaces, ensuring convenient parking for tenants and visitors. The building's design facilitates smooth ingress and egress, contributing to a positive experience for everyone. This is an exceptional opportunity to secure high-quality medical office space in a thriving location with excellent amenities and accessibility. Contact us today to learn more about available suites and lease terms. The building is well-suited for a variety of medical practices seeking a modern and convenient location.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1979
Total area 35,120 SF
Lot 2.86 ac (124,799 SF)
Zoning code BI
APN 22-23-26-102-048
UPID US43-1748696

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician Medical Clinic
  • Dental Office
  • Dental Office
  • Physician Medical Clinic
  • Medical Clinic

Location

23800 Orchard Lake Rd Farmington Hills, MI 48336
Farmington Hills metro Census 167500 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.49M
Blend (final) Blend
$670k

Owner & transaction history

since 2023
6 recorded transactions
2025
Price N/A
2023
Price N/A
2000
Price N/A
1999
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

BI · Farmington Hills, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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