28000 Middlebelt Rd, Farmington Hills, MI 48334
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.
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
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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.