27777 Inkster RdFarmington Hills, MI 48336

  • Office properties
  • 228,544 SF
For Lease
$12.95/SF/YR View listing

Property Details for 27777 Inkster Rd

Year built
1987
Lot size
35.02 AC
Property size (Sq ft)
228,544 SF
Zone code
BI
Property type
Office properties
Property subtype
Office buildings
APN
22-23-13-401-003
APU
222313401003

Description

This exceptional Class A office complex, located at 27777 Inkster Road in Farmington Hills, Michigan, 48336, offers 274,183 square feet of versatile space across a three-story building. Currently, 30,349 square feet is available for lease. The property sits on a substantial 36.42-acre lot, providing ample parking with a ratio of 7 spaces per 1,000 square feet. Built in 1987, the building features a desirable mix of executive and traditional office spaces, catering to diverse business needs. The property boasts a striking window line, allowing for abundant natural light throughout. Interior features include a café space, high ceilings, and a combination of open and enclosed offices and conference rooms. The expansive grounds include two outdoor courtyards and mature landscaping. The existing layout is adaptable, allowing for redesign to meet specific tenant requirements. This prime location offers a unique opportunity to establish a thriving business in a well-maintained, aesthetically pleasing environment. The property is suitable for multiple tenants.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $39,123,976
    6.5%
    $36,114,440
    7%
    $33,534,838
  • Comparable approach

    Method
    Valuation
    Relative Method
    $21,378,006
    Geo Method
    $21,378,006
  • Alternative Use

    Use
    Valuation
    Residential
    $44,781,904
    Hospitality
    $41,019,984
    Educational
    $34,128,144
    Medical
    $35,301,864
    Retail
    $53,088,228
27777 Inkster Rd, Farmington Hills, Michigan
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Location Insight

City
Farmington Hills
County
Oakland
State
Michigan
Latitude
42.4919
Longitude
-83.3244
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
$502,854
$3,152,150
$9,990,470
$13,142,620
-
$6,304,300
$19,980,940
$26,285,240

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