Property profile

31800 Northwestern Hwy Farmington Hills, MI 48334

OFF-MARKET
Office Spaces
46,887 SF Built 1983
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Property summary

AI-generated overview

This exceptional single-story medical office building, located at 31800 Northwestern Hwy in Farmington Hills, Michigan, offers 46,887 square feet of prime space. Built in 1983 and extensively renovated in 2022, the property boasts a desirable location in Oakland County (APN 23-02-426-011) and is zoned OS/Medical. Currently, there are multiple suites available, ranging from a minimum of 2,130 square feet to a maximum contiguous space of 5,475 square feet, with a total of 13,367 square feet currently vacant. The building sits on a generous 3.77-acre lot and provides ample parking with a 5.2 spaces per 1000 square feet ratio. This property presents a fantastic opportunity for medical practices seeking modern, well-maintained facilities in a thriving community. The building's recent renovation ensures updated amenities and systems, providing a comfortable and efficient work environment. Its convenient location and ample parking make it highly attractive to both patients and staff. Interested parties should inquire about available suite sizes and lease terms. The property's zoning specifically caters to medical uses, making it an ideal location for a variety of healthcare providers. The building's single-story design offers easy accessibility and navigation.

Property profile

Verified
Property type Office Spaces
Year built 1983
Total area 46,887 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Accounting Firm
  • Dental Office
  • Law Firm
  • Medical Clinic
  • Big Box & Wholesale Store

Location

31800 Northwestern Hwy Farmington Hills, MI 48334
Farmington Hills metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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