1150 Corporate Office Dr Milford Charter Township, MI 48381
- Office Properties & Spaces
- 16,662 SF
- 10.03 lot acres
Current Use by Public Records
- Civil Engineering Solutions, Inc. / Civil Engineering Company
- United Insurance Group - Brokerage Division / Insurance Agency
- FreeMedSuppQuotes / Insurance Agency
Property Details for 1150 Corporate Office Dr
- Lot size
- 10.03 lot acres
- Property size
- 16,662 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
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
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Milford Charter Township
- County
- Oakland
- State
- Michigan
- Longitude
- -83.6147
- Latitude
- 42.5589
