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Property profile & analytics

11255 Hall Rd Utica, MI 48317

  • Office buildings
  • 3,878 SF
  • 0.31 lot acres
For Lease
Last Sale
Jun 23, 2023
$350,000
Value Estimations
$365,000
Cap Rate Potential
3.9%
Office buildings
Location Intelligence
Property ID
US43-1093385
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Office buildings

Property Details for 11255 Hall Rd

Year built
1964
Lot size
0.31 lot acres
Property size
3,878 SF
Zone code
C-2
Property type
Office buildings
APN
11-07-34-458-003
APU
110734458003

Description

This meticulously maintained, two-story Class C office building, situated at 11255 Hall Road in Utica, Michigan, presents a unique opportunity for businesses seeking executive office space. Built in 1964 and renovated in 2008, the property boasts 3,878 total square feet on a 0.31-acre lot, conveniently located near the intersection of Hall Road and M-53. The building features 21 parking spaces and an elevator for easy access. Currently, there are two available suites: one measuring 210.5 square feet and another at 108 square feet, with a minimum divisible space of 108 square feet. The building is zoned C-2 and offers multiple tenancy options. Utilities, including gas and electric, are included in the lease rate. The property's convenient location and included utilities make it an attractive option for professionals seeking efficient and cost-effective office space. The Macomb County location provides easy access to major thoroughfares and surrounding amenities. This is an excellent opportunity to establish a presence in a thriving business community. The property's APN is 11-07-34-458-003.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $365,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $235,000
    6.5%
    $220,000
    7%
    $205,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $580,000
    Market price range: $426k - $762k
    AI Estimate
    $580,000
    Market price range: $426k - $762k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Utica
County
Macomb
State
Michigan
Longitude
-83.0185
Latitude
42.6265
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
2022
$11,702
$0.00
$0.00
$211,400
-
$0.00
$0.00
$422,800
More about this property
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