31690 12th Mile Rd 1, Farmington Hills, MI 48334-4404
This exceptional 11,649 square foot flex space building, located at 31690 W 12 Mile Rd in Farmington Hills, Michigan, presents a compelling investment opportunity. The property, situated on a 0.69-acre lot, offers a versatile layout suitable for single or multi-tenant occupancy, with flexible floor plans ranging from 2,500 to 11,649 square feet. Its prime location boasts excellent 12 Mile Road frontage, providing high visibility and accessibility. The building's strategic position offers convenient access to major freeways, placing it within easy reach of a wide range of businesses and employees. Furthermore, its proximity to numerous restaurants and retail establishments enhances its appeal and provides added convenience for occupants. The asking price for this multi-tenant office and industrial property is $1,300,000. This property is zoned for office and industrial use and presents a rare opportunity to acquire a well-located, adaptable space in a thriving market. The building's size and flexible floor plan make it ideal for a variety of businesses seeking a prominent presence in Oakland County. Don't miss this chance to own a valuable asset in a high-demand area. The zip code is 48334.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BI · Farmington Hills, MIFarmington Hills. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.