Property profile

2285 Franklin Rd 150 Bloomfield Hills, MI 48302

OFF-MARKET
Manufacturing properties
Property ID
US43-0292475
93,507 SF 5.48 ac lot Built 1988
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Bloomfield Hills property, located at 2285 Franklin Road (cross street: Telegraph), offers 96,000 square feet of versatile office and industrial space in a single building on a 5.48-acre lot. Currently, 10,700 contiguous square feet is immediately available, with a minimum divisible space of 5,223 square feet, catering to a variety of business needs. The building, constructed in 1988, boasts impressive 22-foot ceilings, providing ample room and flexibility for various layouts. Logistics are simplified with two loading docks and one dock-high door. Ample parking is available for employees and clients. The property is zoned B1 and features the APN 19-04-351-046. This multi-tenant building presents a unique opportunity for businesses seeking modern, functional space in a desirable location. The property's flexible design, combined with its convenient location and substantial square footage, makes it an ideal choice for companies seeking to establish or expand their operations in Bloomfield Hills, Michigan (zip code 48302). The available space is perfect for executive offices or flexible workspace configurations.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1988
Total area 93,507 SF
Lot 5.48 ac (238,709 SF)
Zoning code BI
APN C -19-04-351-046
UPID US43-0292475

Cap rate & NOI

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

Location

2285 Franklin Rd, Unit 150 Bloomfield Hills, MI 48302-0364
Bloomfield Hills metro Census 150100 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.83M
Blend (final) Blend
$6.36M

Owner & transaction history

since 2024
6 recorded transactions
2024
Price N/A
2019
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

BI · Bloomfield Hills, MI
Top alternative use upside
Neighborhood: shopping center $8.7M +14.9%

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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