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    Property profile & analytics
    OFF-MARKET Estimated value $1,055,000
    Office buildings

    24381 Orch Lk Rd, Farmington Hills, MI 48336-1917

    4,687 SF 1.26 ac lot Built 1980
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US43-4817683
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1980
    Total area 4,687 SF
    Lot 1.26 ac (54,973 SF)
    Zoning code BI
    APN 22-23-22-476-040
    UPID US43-4817683
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.03M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $655k
    Blend (final) Blend
    $1.06M
    Owner & transaction history
    Dignitas Holding Company
    Dignitas Holding Company
    since 2025
    Last sale
    $1.1M
    7 recorded transactions
    2025
    2025
    $1.1M
    2010
    2010
    2009
    $500,000
    2008
    $485,000
    2004
    Zoning & alternative use
    BI · Farmington Hills, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $1.2M +110.5%
    Commercial (general) $825,000 +51.3%
    Medical building $740,000 +35.6%
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