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    FOR LEASE
    Office buildings

    32270 Telegraph Rd, Bingham Farms, MI 48025

    59,924 SF 5.46 ac lot Built 1984
    Individually Owned 16-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-4849200
    Property summary
    AI-generated overview

    This exceptional office property, located at 32270 Telegraph Road in Bingham Farms, Michigan, offers a unique blend of medical and creative office spaces. The building, totaling 58,492 square feet, was constructed in 1984 and underwent a significant renovation in 2013, ensuring modern amenities and functionality. The property features multiple tenancies, providing flexibility for businesses of various sizes. Currently, there is 8,930 square feet of vacant space available, divisible into units as small as 960 square feet, with a maximum contiguous space of 4,200 square feet. This allows for a range of occupancy options, catering to both small startups and larger established companies. The building's prime location in Oakland County, with a zip code of 48025, offers easy access to major transportation routes and a thriving business community. The property's APN is 24-05-226-034. This is an excellent opportunity to secure high-quality office space in a desirable location, combining modern aesthetics with convenient accessibility. The adaptable layout makes it ideal for a variety of businesses, from medical practices to creative agencies. Don't miss this chance to establish your business in this well-maintained and strategically located building.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1984
    Total area 59,924 SF
    Lot 5.46 ac (237,838 SF)
    Zoning code BI
    APN TB-24-05-226-034
    UPID US43-4849200
    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
    by Request
    Comparable Approach Comparable
    $6.01M
    Blend (final) Blend
    $5.07M
    Owner & transaction history
    32270 Telegraph Rd Office Bldg · 16 yrs held
    32270 Telegraph Rd Office Bldg
    since 2010
    7 recorded transactions
    2019
    2010
    2008
    $5.7M
    2001
    1969
    1969
    1969
    Zoning & alternative use
    BI · Bingham Farms, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $7.3M +4.5%
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    More about this property
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