30630 12 Mile RdFarmington, MI 48336

Property Details for 30630 12 Mile Rd

Year built

1979

Lot size

0.35 AC

Property size (Sq ft)

3,485 SF

Zone code

KI

Property type

Office properties

Property subtype

Office buildings

APN

22-23-11-354-004

APU

222311354004

Description

This single-tenant executive office suite, located at 30630 W 12 Mile Road in Farmington Hills, Michigan, offers 1,800 square feet of readily available space within a larger 7,556 square foot building. The property is classified as Class C and was constructed in 1980. The building is a single-story structure with ample parking, providing 42 spaces for tenants and visitors. The suite is ideal for businesses seeking a professional environment in a convenient location. The zoning designation is OS-1, and the Oakland County APN is 23-11-354-001. The property's address is 30630 W 12 Mile Road, Farmington Hills, MI 48336. This prime location offers easy access to major roadways and amenities. The suite is perfect for a variety of professional office uses. The building offers a single-tenant occupancy, ensuring privacy and control over the space. Interested parties should inquire about lease terms and availability. This is a fantastic opportunity to secure a well-located, functional office space in a thriving business community.

• CAP approach

  CAP return

  Valuation

  6%

  $596,590

  6.5%

  $550,698

  7%

  $511,363

• Comparable approach

  Method

  Valuation

  Relative Method

  $325,987

  Geo Method

  $325,987

• Alternative Use

  Use

  Valuation

  Residential

  $682,866

  Hospitality

  $625,502

  Educational

  $520,410

  Medical

  $538,308

  Retail

  $809,527

Location Insight

City

Farmington Hills

County

Oakland

State

Michigan

Latitude

42.4998

Longitude

-83.3554

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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