1877-1899 Orch Lk Rd Bloomfield Hills, MI 48302
This exceptional investment opportunity presents two Class B executive office buildings totaling 17,920 square feet, situated at 1877-1899 Orchard Lake Road in Bloomfield Hills, Michigan, 48302. Built in 1971, this multi-tenant property boasts a remarkable 95% occupancy rate, generating approximately $150,000 in annual rental income. Each building offers 8,960 square feet of well-maintained professional office space. The asking price is $1,750,000, representing a compelling $97.65 per square foot and a 3.50% capitalization rate. The property benefits from convenient access to Telegraph Road and I-75, enhancing its appeal to tenants. Significant improvements include new underground and above-grade parking, ensuring ample parking for tenants and visitors. This property is ideal for both owner-users and investors seeking a stable, high-performing asset in a prime location. The property's strong occupancy and consistent rental income stream make it a particularly attractive investment opportunity in the competitive Bloomfield Hills market. The location offers easy access to major roadways and a thriving business community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.