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    27 Mile Rd New Haven, MI 48048

    Sponsored
    For Sale
    $600,000

    Class A Office Space, 36,040 SF Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Albuquerque Square offers a unique opportunity to acquire a prestigious Class A office building totaling 36,040 square feet, currently fully vacant and available for immediate occupancy. Built in 1995, this three-story building features 102 parking spaces and elevators, ensuring convenient access for employees and clients. The property is zoned NR-BP and boasts a prime location within the 300-acre Journal Center Development, a vibrant mixed-use area offering abundant amenities including restaurants, retail, hospitality options, and residential living. This provides exceptional visibility and convenience for businesses. The flexible floor plan allows for customization, with spaces ranging from approximately 2,227 to 23,337 square feet, catering to a variety of business needs. This presents an ideal owner-user opportunity, available for both sale and lease. The superior architectural design, premium construction materials, and high-quality finishes reflect the Class A designation, creating a professional and impressive environment for any business. The building's single structure simplifies management and provides a cohesive workspace. This is a rare chance to secure a prominent and well-appointed office space in a thriving Albuquerque location.

    Property Features for 27 Mile Rd

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • 36,040 SF Class A office building, fully vacant.
    • Located in the Journal Center Development, offering excellent access to amenities.
    • Available for sale or lease, ideal for owner‑users.
    • Features flexible space options ranging from 830 to 27,095 SF.
    • 102 parking spaces, 3 stories, elevators.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New Haven
    County
    Macomb
    State
    Michigan
    Longitude
    -82.78444314
    Latitude
    42.7345148

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    FAQs

    What type of property is this?
    Land - Class A Office Space, 36,040 SF Available
    Where is this land located?
    The property is located at 27 Mile Rd New Haven, MI.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: 36,040 SF Class A office building, fully vacant.; Located in the Journal Center Development, offering excellent access to amenities.; Available for sale or lease, ideal for owner-users.
    (248) 848-4133
    Request Owner's contact information
    27 Mile Rd New Haven, MI 48048
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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
    27 Mile Rd New Haven, MI 48048
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