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Financial
Distress signals
Property profile

28555 Orchard Lake Rd Farmington Hills, MI 48334

FOR LEASE
Office buildings
Property ID
US43-1724159
39,687 SF 2.14 ac lot Built 1986
Last sale Jun 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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28555 Orchard Lake Rd, Farmington Hills, MI 48334 For Lease
$22.50 SF/Yr 44,322 SF available
28555 Orchard Lake Rd, Farmington Hills, MI 48334
View Listing

Property summary

AI-generated overview

The property at 28555 Orchard Lake Rd, Farmington Hills, Michigan 48334 is configured as office space intended for medical use. It is designated for medical office use within an office property setting.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$102k
Tax billed · 2023
Assessed value · 2024$1.88M
Assessed land$306k
Assessed improvement$1.57M
Effective rate5.45%

Value estimate

· Oct 2026
$2.44M
$2.20M – $2.68M
CAP approach$2.24M
Submarket $/SF estimate$2.65M
NOI build-up
Gross scheduled income$266k
Vacancy & credit loss−$62k
Operating expenses−$51k
NOI · 678,124.44% cap applied$153k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$117/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$76 – $144
Qualifying comparables3

Cap rate analysis

How does the asset earn?
678,124.44%
$153k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BI
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility10.0
Garden Center9.7
Plumbing Service9.4

Location

28555 Orchard Lake Rd Farmington Hills, MI 48334
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
31500 13th Mile, Farmington Hills, MI 48334-2164 $2,000,000 Aug 2023 45,838 SF
32969 Hamilton, Farmington Hills, MI 48334-3351 $2,550,000 Jul 2022 40,768 SF
28501 Orch Lk, Farmington Hills, MI 48334-2951 $2,500,000 Mar 2022 26,466 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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