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    Property profile & analytics

    24333 Orch Lk Rd Farmington Hills, MI 48336-1976

    • Medical offices
    • 14,395 SF
    • 1.53 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Location Intelligence
    Property ID
    US43-5289839
    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

    • Medical offices

    Property Details for 24333 Orch Lk Rd

    Year built
    1985
    Lot size
    1.53 lot acres
    Property size
    14,395 SF
    Zone code
    BI
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    22-23-22-476-050
    APU
    222322476050

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $360,000

    • CAP approach

      CAP return
      Estimation
      6%
      $450,000
      6.5%
      $450,000
      7%
      $440,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $545,000
      Geo Method
      $495,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $405,000
      Retail
      $355,000
      Mixed-Use
      $350,000
      Hospitality
      $435,000
      Educational
      $420,000
      Residential Income
      $455,000
      Energy
      $375,000
      Income-Based Land
      $355,000
      Food Service
      $465,000

    Location Insight

    • Map
    • Local Demand
    City
    Farmington Hills
    County
    Oakland
    State
    Michigan
    Longitude
    -83.358
    Latitude
    42.4716
    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
    $16,907
    $182,820
    $425,060
    $607,880
    -
    $365,640
    $850,120
    $1,215,760

    Comparable in this City

    • Value Estimation by Request
      3,373 SF

      23280 Farmington Rd

      MEDICAL BUILDING • 3,373 SF
      23280 Farmington Rd, Farmington, MI 48336-3100
      View Details
    • Value Estimation by Request
      2,213 SF

      32595 Grand Riv Ave

      MEDICAL BUILDING • 2,213 SF
      32595 Grand Riv Ave, Farmington, MI 48336-3213
      View Details
    • Value Estimation
      $605,000
      10,812 SF

      23900 Orch Lk Rd Ste, Unit 200

      MEDICAL BUILDING • 10,812 SF
      23900 Orch Lk Rd Ste, Farmington Hills, MI 48336-2512
      View Details
    • Value Estimation
      $495,000
      7,668 SF

      28800 8th Mile Rd

      MEDICAL BUILDING • 7,668 SF
      28800 8th Mile Rd, Farmington Hills, MI 48336-5906
      View Details
    • Value Estimation by Request
      6,635 SF

      21141 Middlebelt Rd

      MEDICAL BUILDING • 6,635 SF
      21141 Middlebelt Rd, Farmington Hills, MI 48336-5516
      View Details
    • Value Estimation
      $280,000
      2,787 SF

      21000 Middlebelt Rd

      MEDICAL BUILDING • 2,787 SF
      21000 Middlebelt Rd, Farmington Hills, MI 48336-5546
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      30,000 SF

      Farmington Medical Office Space For Lease

      Prime Medical Office Suites Available Now
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    • $2,000 /Mo
      43,000 SF

      High-Traffic Commercial Property in Farmington

      Freestanding commercial property in high-traffic area, suitable for various uses.
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    • Contact for pricing
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      Civic Center Medical Office Suites

      Farmington Hills medical office space available.
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    • $867 /Mo
      8,287 SF

      Farmington Hills Commercial/Industrial Space

      Office, medical, dental space in Farmington Hills, close to 696.
      24380 Orchard Lake Rd, Farmington Hills, MI 48336
      View Details
    • $22 SF/Yr
      3,450 SF

      Medical Office Space Available

      Medical and office spaces for lease near area hospitals.
      23133 Orchard Lake Rd, Farmington, MI 48336
      View Details
    • $11 SF/Yr
      1,200 SF

      Centrally Located Office Suite

      1,200 SF office suite with private entry.
      23332 Orchard Lake Rd, Farmington Hills, MI 48336
      View Details
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    Farmington Hills, MI 48336-1976
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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