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    OFF-MARKET
    Office Spaces

    28000 Middlebelt Rd, Farmington Hills, MI 48334

    10,864 SF 0.78 ac lot Built 1971
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 10,864-square-foot, two-story office building situated on a 0.78-acre lot in Farmington Hills, Michigan. The property, located at 28000 Middlebelt Road, boasts excellent visibility from Middlebelt and 12 Mile Road, offering easy access to I-696. Built in 1971 and renovated in 1986, the Class D building is currently vacant and in a cold shell condition, presenting a blank canvas for a complete renovation. The property includes a full basement and ample surface parking with 62 spaces. The asking price is $600,000. This property is zoned for office use and features curb cuts on both 12 Mile and Middlebelt Roads. The APN is 22-23-12-351-010. This presents a unique chance to acquire a substantial property in a prime location, ideal for redevelopment or adaptive reuse. The building's size and location offer significant potential for a variety of commercial uses. The substantial lot size provides ample space for expansion or additional parking. This is a rare opportunity to acquire a large, well-located property at a competitive price.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1971
    Total area 10,864 SF
    Lot 0.78 ac (33,977 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
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