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    OFF-MARKET
    Life science properties

    3100 Hilton Rd, Ferndale, MI 48220-1039

    4,180 SF 0.12 ac lot Built 1964
    Entity Owned 6-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-5167106
    Property summary
    AI-generated overview

    This exceptional 4,300-square-foot commercial property, located at 3100 Hilton Road in Ferndale, Michigan, presents a unique opportunity for businesses seeking flexible space. Situated in the Royal Oak Vicinity submarket of Oakland County, this property boasts a prime location with easy access to major transportation routes. The building, constructed in 1974 and extensively renovated in 2023, offers a blend of modern amenities and classic charm. The space is currently entirely vacant, providing immediate occupancy for a new tenant. The property features a versatile layout suitable for both executive office and distribution uses, with a total of one building. The high ceilings, ranging from 12 to 16 feet, offer ample vertical space for various operational needs. Two loading docks provide efficient loading and unloading capabilities, ideal for distribution businesses. The property is zoned MXD-2, allowing for a variety of commercial uses. The building's 4,300 square feet are available as a single, multi-tenant space. This property is an excellent choice for businesses seeking a well-maintained, versatile space in a thriving location. The recent renovation ensures modern functionality and aesthetics, making it an attractive option for discerning tenants. Contact us today to schedule a viewing and explore the possibilities.

    Property profile
    Verified
    Property type Life science properties
    Use group R&D FACILITY, LABS, PHARMA
    Year built 1964
    Total area 4,180 SF
    Lot 0.12 ac (5,227 SF)
    Zoning code II
    APN 24-25-26-111-006
    UPID US43-5167106
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Think Tank Three LLC · 6 yrs held
    Think Tank Three LLC
    since 2019
    3 recorded transactions
    2019
    $527,500
    2005
    $190,000
    2001
    Zoning & alternative use
    II · Ferndale, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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