24381 Orch Lk Rd, Farmington Hills, MI 48336-1917
This exceptional 10,000-square-foot medical office building, situated on a spacious 1.26-acre lot in Farmington Hills, Michigan, presents a compelling investment opportunity. Built in 2002 and extensively renovated in 2015, the property boasts a single-story design with a fully renovated basement adding approximately 5,000 square feet of usable space. The interior features high-quality finishes including luxury vinyl plank and ceramic tile flooring. The basement includes a kitchen and full bath complete with a jacuzzi tub. The building is equipped with multiple HVAC zones, a comprehensive sprinkler and security system, and a backup generator, ensuring both comfort and safety. Ample parking is provided with 27 spaces. Its prime location along Orchard Lake Road, a high-traffic thoroughfare with over 20,000 cars daily, offers excellent visibility and accessibility. The property is zoned OS-2 (Office Service 2) and features multiple points of entry, making it ideal for a multi-tenant configuration. The asking price is $1,200,000. The property's APN is 23-22-476-040. This well-maintained building offers a peaceful setting, set back from the road, and represents a strong investment in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BI · Farmington Hills, MIFarmington Hills. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.