Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    10105 Veterans Memorial Dr Township of Hamburg, MI 48189
    Back to Search
    Property profile & analytics

    10105 Veterans Memorial Dr Township of Hamburg, MI 48189

    View on Map
    • Office Spaces
    • 3,648 SF
    • 1.87 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 10105 Veterans Memorial Dr

    Year built
    2014
    Lot size
    1.87 lot acres
    Property size
    3,648 SF
    Property type
    Office Spaces
    Property subtype
    Medical Office Space

    Description

    This exceptional 3,648 square foot Class B office building, constructed in 2014, presents a fantastic opportunity for businesses seeking versatile space in the desirable Township of Hamburg, Michigan. Located at 10105 Veterans Memorial Drive, this single-story property boasts 15 parking spaces and is conveniently situated in the Village Center District (VC) zoning area, offering easy access to M-36. The building is currently configured to accommodate multiple tenants, with 1,400 square feet of immediately available space. This contiguous space is ideal for a variety of office uses, including traditional office, executive office, or medical office settings. The available suite features two to three private offices, a private restroom, and a convenient kitchenette. The minimum divisible space is 1,400 square feet, and the maximum contiguous space available is also 1,400 square feet. The property sits on a 1.87-acre lot and has an APN of 15-25-100-104 in Livingston County. While there are no elevators, the single-story design ensures easy accessibility. This is a prime location for businesses seeking a modern, well-maintained office space in a thriving community. The property's convenient location and versatile layout make it an attractive option for a range of professional needs. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Township of Hamburg
    County
    Livingston
    State
    Michigan
    Longitude
    -83.804
    Latitude
    42.457

    Comparable in this City

    • Value Estimation by Request
      5,158 SF

      7785 M-36

      Office Units • 5,158 SF
      7785 M-36, Whitmore Lake, MI 48189
      View Details
    • Value Estimation by Request
      1,450 SF

      156 Barker Rd

      DENTAL BUILDING • 1,450 SF
      156 Barker Rd, Whitmore Lake, MI 48189-9507
      View Details
    • Value Estimation by Request
      2,200 SF

      9690 Michigan 36

      Specialty properties • 2,200 SF
      9690 Michigan 36, Whitmore Lake, MI 48189
      View Details
    • Value Estimation by Request
      10.01 Acres

      Whitmore Lake Rd

      Land • 10.01 Acres
      0 Whitmore Lake Rd, Brighton, MI 48189
      View Details
    • Value Estimation by Request
      62,548 SF

      8633 Main St

      HOSPITAL - PRIVATE • 62,548 SF
      8633 Main St, Whitmore Lake, MI 48189-9248
      View Details
    • Value Estimation by Request
      4,128 SF

      58 Barker Rd

      OFFICE BUILDING • 4,128 SF
      58 Barker Rd, Whitmore Lake, MI 48189-9500
      View Details

    Similar Nearby for Sale

    • $390,000
      2,200 SF

      Whitmore Lake Mixed-Use Remodeled Property

      Remodeled 2,200 SF mixed-use property in historic Whitmore Lake.
      9509 Main St, Whitmore Lake, MI 48189
      View Details
    • $975,000
      10.01 Acres

      Whitmore Lake Industrial Land

      10 Acres, US-23 Access, LI Zoning
      0 Whitmore Lake Rd, Brighton, MI 48189
      View Details
    • $150,000
      7,084 SF

      Spacious Commercial Building Near Whitmore

      7,000+ sq ft commercial building with redevelopment potential.
      10596 Hamburg Rd, Whitmore Lake, MI 48189
      View Details
    • $1,795,000

      Hamburg Township Development Opportunity

      Infill development site with flexible zoning and existing infrastructure.
      10776 Hall Rd, Whitmore Lake, MI 48189
      View Details
    • Contact for pricing
      12,000 SF

      New Industrial/Flex Space Available

      Brand new industrial/flex suites with office and mezzanine.
      11850 Green Oak Industrial Dr, Whitmore Lake, MI 48189
      View Details
    • $150,000

      Versatile Commercial Building in Hamburg

      Redevelopment opportunity near Whitmore Lake with high visibility.
      10596 Hamburg Rd, Whitmore Lake, MI 48189
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Modern Industrial/Office Suites For Lease

      New industrial/office suites with flexible space and excellent regional connectivity.
      11850 Green Oak Industrial Dr, Whitmore Lake, MI 48189
      View Details
    • $3,000 /Mo
      2,900 SF

      Retail Space Near Whitmore Lake

      Retail space available near Main St. and the water.
      148 Barker Rd, Whitmore Lake, MI 48189
      View Details
    • $12 SF/Yr

      Renovated Retail Space Overlooking Lake

      Prime retail space with lake views and customizable interiors.
      9519 Main St, Whitmore Lake, MI 48189
      View Details
    • Contact for pricing
      22,700 SF

      Versatile Retail Flex Space

      22,700 SF retail flex space in Hamburg, Michigan.
      7749 E Mi State Road 36, Whitmore Lake, MI 48189
      View Details
    • Contact for pricing
      21,300 SF

      Renovated Retail Spaces For Lease

      Retail spaces available between Ann Arbor and Brighton off US-23.
      11900 N Whitmore Lake Rd, Whitmore Lake, MI 48189
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10105 Veterans Memorial Dr
    Township of Hamburg, MI 48189
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10105 Veterans Memorial Dr, Township of Hamburg, MI, 48189
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!