30000 Orchard Lake Rd Farmington Hills, MI 48334
- Medical offices
- 5,858 SF
- 0.48 lot acres
Current Use by Public Records
- Medical offices
Property Details for 30000 Orchard Lake Rd
- Year built
- 1972
- Lot size
- 0.48 lot acres
- Property size
- 5,858 SF
- Zone code
- BI
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 22-23-02-304-032
- APU
- 222302304032
Description
This exceptional 2,500 square foot medical office space is situated in a highly visible location at 30000 Orchard Lake Road in Farmington Hills, Michigan, 48334. The single-story building, totaling 5,858 square feet, features two suites and ample parking with 31 spaces. Currently, 2,500 square feet is available for lease, representing a significant portion of the building. The space is zoned OS-1 (Office Service District) within Oakland County and benefits from its location on a heavily trafficked road, just north of 13 Mile Road. The previous tenant operated a medical spa, leaving behind existing plumbing infrastructure in four exam rooms. An additional four rooms offer flexibility for conversion into exam rooms or traditional doctor's offices, catering to a variety of medical practices. This property enjoys a strategic adjacency to True Health Urgent Care, providing excellent synergy and potential for referrals. The minimum divisible space is 2,500 square feet, with a maximum contiguous space also at 2,500 square feet. This presents a unique opportunity for a medical professional or group seeking a well-appointed, conveniently located office space in a thriving Farmington Hills community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $330,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $340,000
- 6.5%
- $325,000
- 7%
- $365,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $315,000
- Geo Method
- $330,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $340,000
- Retail
- $335,000
- Mixed-Use
- $325,000
- Hospitality
- $325,000
- Educational
- $305,000
- Residential Income
- $325,000
- Energy
- $375,000
- Income-Based Land
- $335,000
- Food Service
- $315,000
Location Insight
- Map
- Local Demand
- City
- Farmington Hills
- County
- Oakland
- State
- Michigan
- Longitude
- -83.3592
- Latitude
- 42.5173
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA