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    31700 12 Mile Rd Farmington Hills, MI 48334

    Sponsored
    For Lease
    $16 SF/Yr ($13,994 /Mo)

    Modern Medical Office Space Available

    Lot size:
    10,496 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story medical office building, totaling 10,496 square feet, offers multiple tenancy options in Oakland County's desirable Office Service District (OS-1 zoning). Six individual suites are currently available, ranging in size from 500 to 3,750 rentable square feet, perfect for a variety of medical or general office uses. A recently vacated dental suite is ready for immediate occupancy. A complete remodel is underway, encompassing all common areas and individual suite updates. The property boasts ample parking and the highly sought-after benefit of monument signage. Strategically located on the north side of 12 Mile Road, just west of Orchard Lake Road, this location provides convenient access to I-696 and a wealth of nearby restaurants. This prime location offers excellent visibility and accessibility for both patients and staff. The building's modern design and convenient amenities make it an ideal choice for medical professionals seeking a thriving and well-appointed workspace. Don't miss this opportunity to secure your space in this soon-to-be-renovated medical office building.

    Property Features for 31700 12 Mile Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,496 SF
    Total Rate
    13994.67

    Building Details

    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 103
    Size
    1,750 SF
    Rate per SF
    $18
    Space
    Suite 102
    Size
    2,000 SF
    Rate per SF
    $18
    Space
    Suite 100
    Size
    1,450 SF
    Rate per SF
    $18
    Space
    Suite 220
    Size
    1,025 SF
    Rate per SF
    $16
    Space
    Suite 210
    Size
    500 SF
    Rate per SF
    $8,004
    Space
    Suite 200
    Size
    600 SF
    Rate per SF
    $9,600

    HighLights

    • 10,496 SF medical office building in Oakland County.
    • Multiple suites available, ranging from 500 to 3,750 square feet.
    • Upcoming complete remodel including common areas and suite updates.
    • Former dental suite available.
    • Monument signage and ample parking available.
    • Excellent location on 12 Mile Road, west of Orchard Lake Road, near I‑696, with nearby restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Farmington Hills
    County
    Oakland
    State
    Michigan
    Longitude
    -83.362103767438
    Latitude
    42.499199545703

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    FAQs

    What type of property is this?
    Medical office - Modern Medical Office Space Available
    Where is this medical office located?
    The property is located at 31700 12 Mile Rd Farmington Hills, MI.
    What is the lease rate?
    The lease rate is $16-$9,600 SF/Yr.
    What are key features of this property?
    This property features: 10,496 SF medical office building in Oakland County.; Multiple suites available, ranging from 500 to 3,750 square feet.; Upcoming complete remodel including common areas and suite updates.
    Request Owner's contact information
    31700 12 Mile Rd Farmington Hills, MI 48334
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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
    31700 12 Mile Rd Farmington Hills, MI 48334
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