31333 13 Mile RdFarmington Hills, MI 48334

Property Details for 31333 13 Mile Rd

Year built

1983

Lot size

1.08 AC

Property size (Sq ft)

12,501 SF

Zone code

BI

Property type

Office properties

Property subtype

Office buildings

APN

22-23-11-101-044

APU

222311101044

Description

This exceptional Farmington Hills office property, located at 31333 W 13 Mile Rd, offers immediate occupancy in a prime location within Oakland County, Michigan. The building encompasses a total of 5,062 square feet, providing flexible space options for businesses of varying sizes. Multiple tenancy is available, with individual suites ranging from a minimum of 1,000 square feet to a maximum contiguous space of 2,500 square feet. This traditional office building is ideally suited for companies seeking modern, efficient workspaces in a thriving business community. The property's address is conveniently situated in Farmington Hills, MI, zip code 48334, offering easy access to major transportation routes and amenities. The building's design caters to the needs of today's businesses, providing a comfortable and productive environment. This is a fantastic opportunity to secure high-quality office space in a desirable location. Contact us today to schedule a viewing and explore the possibilities. The property is classified as a traditional office building and is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $2,140,020

  6.5%

  $1,975,404

  7%

  $1,834,303

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,169,344

  Geo Method

  $1,169,344

• Alternative Use

  Use

  Valuation

  Residential

  $2,449,500

  Hospitality

  $2,243,729

  Educational

  $1,866,756

  Medical

  $1,930,957

  Retail

  $2,903,843

Location Insight

City

Farmington Hills

County

Oakland

State

Michigan

Latitude

42.5135

Longitude

-83.3575

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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