Property profile

30000 Orchard Lake Rd Farmington Hills, MI 48334

FOR SALE
Medical Office Space
Property ID
US43-0220520
5,858 SF 0.48 ac lot Built 1972
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,500 square foot medical office space is situated in a highly visible location at 30000 Orchard Lake Road in Farmington Hills, Michigan, 48334. The single-story building, totaling 5,858 square feet, features two suites and ample parking with 31 spaces. Currently, 2,500 square feet is available for lease, representing a significant portion of the building. The space is zoned OS-1 (Office Service District) within Oakland County and benefits from its location on a heavily trafficked road, just north of 13 Mile Road. The previous tenant operated a medical spa, leaving behind existing plumbing infrastructure in four exam rooms. An additional four rooms offer flexibility for conversion into exam rooms or traditional doctor's offices, catering to a variety of medical practices. This property enjoys a strategic adjacency to True Health Urgent Care, providing excellent synergy and potential for referrals. The minimum divisible space is 2,500 square feet, with a maximum contiguous space also at 2,500 square feet. This presents a unique opportunity for a medical professional or group seeking a well-appointed, conveniently located office space in a thriving Farmington Hills community.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1972
Total area 5,858 SF
Lot 0.48 ac (20,691 SF)
Zoning code BI
APN 22-23-02-304-032
UPID US43-0220520

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Physician
  • Alternative Medicine Practice
  • Alternative Medicine Practice Spa & Massage Center
  • Medical Clinic

Location

30000 Orchard Lake Rd Farmington Hills, MI 48334
Farmington Hills metro Census 166000 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$915k
Blend (final) Blend
$330k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
1969
Price N/A

Zoning & alternative use

BI · Farmington Hills, MI
Top alternative use upside
Commercial (general) $1.0M +11.6%
Restaurant $1.0M +9.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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