Property summary
This exceptional 16,662 square foot Class B medical office condominium building, located at 1150 Corporate Office Drive in Milford Charter Township, Oakland County, Michigan (48381), presents a compelling investment opportunity. The property boasts a strong 92% occupancy rate, generating a substantial net operating income (NOI) of $213,140.21. Priced at $2,100,000 ($126.04 per square foot), this meticulously maintained building sits on a 10.03-acre lot and includes 75 parking spaces. Recent improvements include a new roof and parking lot. The property benefits from a new five-year lease with Huron Valley State Bank, ensuring long-term stability. Its convenient location between I-96 and the Village of Milford provides excellent accessibility. The property is zoned CI - Local Business, and its APN is 16-22-102-065
Property profile
VerifiedCap rate & NOI
Current use
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General Contractor
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Insurance Agency
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Insurance Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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