Property profile

32440 Franklin Rd Franklin, MI 48025

OFF-MARKET
Office buildings
Property ID
US43-5256934
3,805 SF 0.67 ac lot Built 1900
Entity Owned 23-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A executive office suite, located at 32440 Franklin Road in Beverly Hills, Michigan, presents a unique leasing opportunity. The property boasts a total of 3,866 square feet, all currently vacant and ready for immediate occupancy. Situated on a 0.67-acre lot, this single-building property offers ample space for a variety of business needs. Built in 1900, the building has maintained its character while offering modern amenities expected of a Class A office space. The property is conveniently located in Oakland County, with the precise address being 32440 Franklin Road, Beverly Hills, MI 48025. The property type is classified as an office building with a subtype of executive office, suitable for businesses seeking a prestigious and functional workspace. The tenancy is multiple, allowing for flexibility in lease terms and configurations. The entire 3,866 square feet is available for lease, providing a significant opportunity for a company seeking substantial office space in a desirable location. This property offers a blend of historical charm and modern functionality, making it an ideal location for businesses seeking a high-profile address in a thriving community. The property's location in Oakland County, Michigan, provides easy access to major transportation routes and a wealth of amenities. This is a rare opportunity to secure a significant amount of prime office space in a highly sought-after area.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1900
Total area 3,805 SF
Lot 0.67 ac (29,185 SF)
Zoning code BI
APN TF-24-06-276-001
UPID US43-5256934

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
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency

Location

32440 Franklin Rd Franklin, MI 48025-1133
Franklin metro Census 159000 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$485k

Owner & transaction history

since 2003
1 recorded transaction
2003
$540,000

Zoning & alternative use

BI · Franklin, MI

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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