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Property profile & analytics
OFF-MARKET Estimated value $2,440,000
Office buildings

28555 Orch Lk Rd Farmington Hills, MI 48334-2973

39,687 SF 2.14 ac lot Built 1986
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US43-1724159
Property summary
AI-generated overview

This exceptional two-story medical office building, located at 28555 Orchard Lake Road in Farmington Hills, Michigan, presents a fantastic opportunity for medical professionals seeking flexible and well-appointed space. The building, constructed in 1986 and renovated in 2007, boasts a total of 39,687 square feet and offers multiple tenancy options. Currently, there are 4,690 square feet of vacant space available, divisible into units ranging from a minimum of 2,073 square feet to a maximum contiguous space of 2,617 square feet. The building is classified as Class C and sits on a 2.14-acre lot, providing ample parking with 200 spaces available for tenants and visitors. The property is zoned OS-2 Planned Service District within Oakland County, and its APN is 23-10-278-019. This location in Farmington Hills (zip code 48334) offers convenient access to major roadways and a thriving professional community. The building's 1986 construction and 2007 renovation ensure a functional and updated environment for modern medical practices. This is an ideal opportunity to establish or expand your medical practice in a desirable and well-maintained facility.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1986
Total area 39,687 SF
Lot 2.14 ac (93,218 SF)
Zoning code BI
APN 22-23-10-278-019
UPID US43-1724159
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
by Request
CAP Approach CAP
$2.24M
Comparable Approach Comparable
$2.65M
Blend (final) Blend
$2.44M
Owner & transaction history
Nicton INC · 4 yrs held
Nicton INC
since 2022
2 recorded transactions
2022
Price N/A
1969
Price N/A
Zoning & alternative use
BI · Farmington Hills, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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