30755 Montpelier Dr Madison Heights, MI 48071
Property profile & analytics
30755 Montpelier Dr Madison Heights, MI 48071
- Office buildings
- 25,944 SF
- 3.52 lot acres
Property ID
US43-0027463
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- UAW International Union Region 1 / Advocacy Group
- Department of Human Services / Government Office / Social Services Organization
Property Details for 30755 Montpelier Dr
- Year built
- 1990
- Lot size
- 3.52 lot acres
- Property size
- 25,944 SF
- Zone code
- 0-1 OFF
- Property type
- Office buildings
- APN
- 44-25-11-201-037
- APU
- 442511201037
Description
This exceptional 26,595 square foot Class C executive office building, located at 30755 Montpelier in Madison Heights, Michigan (48071), presents a compelling investment opportunity. Built in 1990, the single-story structure sits on a 3.44-acre lot and boasts ample parking with 200 spaces. Currently tenanted by the Michigan Department of Health & Human Services under a lease with 10 years remaining, this property offers significant stability and predictable income. The projected Net Operating Income (NOI) for 2022 is $304,775. A notable feature is a built-in rent increase of twelve percent (12%) scheduled for 2027, ensuring future growth potential. The property is zoned O-1 Office Service and benefits from a convenient location off I-75, providing excellent accessibility. The building is in excellent condition, requiring zero deferred maintenance, minimizing immediate capital expenditures. The asking price is $4,350,000. This is a rare opportunity to acquire a well-maintained, high-performing office building with a strong tenant and long-term lease in a desirable location. The APN is 25-11-201-037.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,774,000
- AI Estimate
- $2,594,000
Market price range: $1.85M - $4.32MMarket price range: $811k - $3.56M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $3,045,000 Current use
- COMMERCIAL (GENERAL)
- $4,570,000 Change: +50% Conversion: Easy
- RESTAURANT
- $4,490,000 Change: +48% Conversion: Moderate
- RETAIL STORES
- $4,380,000 Change: +44% Conversion: Moderate
- MEDICAL BUILDING
- $4,095,000 Change: +35% Conversion: Easy
- AUTO REPAIR, GARAGE
- $3,180,000 Change: +5% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Madison Heights
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1142
- Latitude
- 42.5176
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$82,337
$0.00
$0.00
$1,503,250
-
$0.00
$0.00
$3,006,500
