6895 Telegraph Rd Bloomfield Township, MI 48301
- Office buildings
- 10,105 SF
- 0.77 lot acres
Current Use by Public Records
- Office buildings
Property Details for 6895 Telegraph Rd
- Year built
- 1977
- Lot size
- 0.77 lot acres
- Property size
- 10,105 SF
- Zone code
- BI
- Property type
- Office buildings
- APN
- C -19-33-152-001
- APU
- C1933152001
Description
This exceptional 10,105 square foot, two-story office building in Bloomfield Hills, MI presents a fantastic leasing opportunity. The entire first floor, ranging from 3,584 to 4,250 square feet, is currently vacant and immediately available. This space boasts a minimum divisible area of 4,437 square feet, perfect for a single tenant or multiple smaller occupants. Recent renovations have significantly enhanced the property, including a completely remodeled lobby and entryway, a new high-efficiency HVAC system, new windows, refreshed landscaping, and a resurfaced parking lot. The building also features a new roof, ensuring long-term efficiency and cost savings. With 35 total parking spaces, ample parking is guaranteed for tenants and their clients. The property is strategically located in a high-traffic area, enjoying excellent visibility to over 66,000 vehicles daily on Telegraph Road, and is conveniently situated near a variety of retail establishments and restaurants. The O-1 zoning designation ensures suitability for office use. Multiple points of ingress and egress provide convenient access for tenants and visitors. There is no common area factor, making this a highly efficient and cost-effective option. This is a rare opportunity to secure a beautifully renovated, well-located office space in a thriving community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,025,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,045,000
- 6.5%
- $2,100,000
- 7%
- $1,755,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,270,000
- Geo Method
- $2,180,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,840,000
- Retail
- $1,770,000
- Mixed-Use
- $1,905,000
- Hospitality
- $2,225,000
- Educational
- $2,215,000
- Residential Income
- $2,090,000
- Energy
- $2,165,000
- Income-Based Land
- $2,025,000
- Food Service
- $2,150,000
Location Insight
- Map
- Local Demand
- City
- Bloomfield Hills
- County
- Oakland
- State
- Michigan
- Longitude
- -83.2842
- Latitude
- 42.5392
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
