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    24285 Indoplex Cir Farmington Hills, MI 48335

    Sponsored
    For Lease
    $9 SF/Yr ($18,933 /Mo)

    Industrial Warehouse: 3,565 SF Available

    Lot size:
    25,244 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional Farmington Hills industrial warehouse space, located at 24285 Indoplex Circle, offers 3,565 square feet of immediately available space within a larger 25,244 square foot building. Built in 1971, the property boasts a 14-foot ceiling height, ideal for various industrial uses. The unit includes one loading dock, providing convenient access for loading and unloading goods. The property is zoned LI-1 Light Industrial, ensuring compliance with a wide range of business operations. Situated in the desirable Farmington/Farmington Hills submarket of Oakland County, Michigan, this location offers excellent access to major transportation routes and a skilled workforce. The building is meticulously maintained by the local ownership, and features fiber optic service for high-speed internet connectivity. While the property offers convenient access, please note that evening parking is not permitted. This is a rare opportunity to secure a well-maintained, functional industrial space in a prime location. The property is part of a multi-tenant building. The zip code is 48335. This space is perfect for businesses seeking a functional and accessible location in a thriving industrial area.

    Property Features for 24285 Indoplex Cir

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,244 SF
    Total Rate
    18933

    Building Details

    Year Built
    1971

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,565 SF
    Rate per SF
    $9

    HighLights

    • Available Now
    • Convenient Loading Dock Access
    • Excellent I‑275 Access
    • Immaculately Maintained Building
    • High‑Speed Fiber Optics Available
    • New Roof Installed
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Farmington Hills
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3916223
    Latitude
    42.4705466

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    FAQs

    What type of property is this?
    Distribution property - Industrial Warehouse: 3,565 SF Available
    Where is this distribution property located?
    The property is located at 24285 Indoplex Cir Farmington Hills, MI.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: Available Now; Convenient Loading Dock Access; Excellent I-275 Access
    Request Owner's contact information
    24285 Indoplex Cir Farmington Hills, MI 48335
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    Farmington Hills, MI 48335
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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
    24285 Indoplex Cir Farmington Hills, MI 48335
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