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Property profile

2005 W Hamlin Rd Rochester Hills, MI 48309

Commercial real estate
Property ID
US43-0238578
View Sample
4,948 SF 0.52 ac lot Built 1978
Entity Owned 13-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This exceptional executive office suite, located at 2005 W Hamlin Rd in Rochester Hills, Michigan, offers 2,400 square feet of immediately available space within a larger 4,948 square foot building. Situated on a generous 22,676 square foot lot in Oakland County, this single-tenant property presents a fantastic opportunity for businesses seeking a prestigious and functional workspace. The space is ideal for companies requiring a dedicated and private office environment. The asking rent is $14.00 per square foot, plus a triple net charge of $5.00 per square foot, covering property taxes, insurance, and common area maintenance. This all-inclusive pricing structure provides predictable and manageable operating costs. The property's location in Rochester Hills offers easy access to major roadways, ensuring convenient commutes for employees and clients. The building itself is well-maintained and provides a professional atmosphere. This is a rare opportunity to secure a high-quality, single-tenant office space in a desirable location. The property is zoned for office use and is ready for immediate occupancy. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this exceptional location. The zip code is 48309.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1978
Total area 4,948 SF
Lot 0.52 ac (22,651 SF)
Zoning code BI
APN 70-15-29-226-004
UPID US43-0238578

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$589k
Blend (final) Blend
$255k

Owner & transaction history

since 2013
4 recorded transactions
2013
Price N/A
2009
Price N/A
2003
Price N/A
1969
Price N/A

Zoning & alternative use

BI · Rochester Hills, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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