4140 Maple RdBloomfield Hills, MI 48301

  • Retail properties
  • 3,274 SF
For Sale

Property Details for 4140 Maple Rd

Year built
1966
Lot size
0.44 AC
Property size (Sq ft)
3,274 SF
Zone code
BI
Property type
Retail properties
Property subtype
Banks
APN
C -19-29-476-011
APU
C1929476011

Description

This exceptional 3,274 square foot Class A medical office building, located at 4140 W Maple Road in Bloomfield Hills, Michigan, presents a unique investment opportunity. Completely remodeled in 2024 with high-end finishes, this single-story, freestanding building sits on a 0.44-acre lot and boasts prominent monument signage on Maple Road. The property is zoned O-1, Office Building, and features ample parking. Its prime location in the affluent Bloomfield Hills/Bloomfield Township community offers excellent visibility and accessibility, surrounded by numerous national and local retailers and restaurants. The area demographics are highly desirable, with over 186,000 people within a 5-mile radius and an average household income exceeding $172,000. Built in 1966, this meticulously renovated building is currently vacant, providing immediate occupancy for a new owner. Importantly, the property is deed-restricted from financial institutions. This presents a rare chance to acquire a turnkey medical office space in a thriving, high-income area. The property's location on the north side of West Maple Road, just west of Telegraph Road, ensures easy access and high visibility. This is an ideal opportunity for medical professionals or investors seeking a premium location in a highly sought-after market. APN: 29-476-011.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $823,890
    6.5%
    $760,514
    7%
    $706,191
  • Comparable approach

    Method
    Valuation
    Relative Method
    $771,750
    Geo Method
    $771,750
  • Alternative Use

    Use
    Valuation
    Residential
    $641,522
    Hospitality
    $587,630
    Educational
    $488,902
    Medical
    $505,716
    Retail
    $760,514
4140 Maple Rd, Bloomfield Hills, Michigan
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Location Insight

City
Bloomfield Hills
County
Oakland
State
Michigan
Latitude
42.5452
Longitude
-83.288
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$28,922
-
-
$570,670
-
-
-
$1,141,340

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