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Property profile & analytics
FOR SALE
Commercial real estate

3255 W Hamlin Rd Rochester, MI 48309

29,052 SF 5.99 ac lot Built 1996
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-1114880
Property summary
AI-generated overview

This exceptional sublease opportunity presents 10,233 to 30,727 square feet of creative office space within a larger 30,727 square foot building situated on a 5.99-acre lot in desirable Rochester Hills, Michigan. The property, located at 3255 W Hamlin Rd (cross street: S Adams), boasts a prime location with convenient access to major roadways. Built in 1996, this two-story building offers ample parking with 196 spaces available. The space is currently vacant and immediately available for sublease. The minimum divisible space is 10,233 square feet, while the maximum contiguous space available for lease is the entire 30,727 square feet. The property is zoned BI and has an APN of 15-30-227-005 within Oakland County. This versatile space is ideal for a variety of businesses seeking a modern and functional workspace in a thriving community. The property's creative office subtype offers unique design possibilities and a collaborative atmosphere. This is a rare opportunity to secure a substantial amount of high-quality office space in a highly sought-after location. Don't miss out on this chance to establish your business in this exceptional setting.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1996
Total area 29,052 SF
Lot 5.99 ac (260,924 SF)
Zoning code BI
APN 70-15-30-227-005
UPID US43-1114880
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
$7.02M
Blend (final) Blend
$6.44M
Owner & transaction history
Milwood Holding LLC · 10 yrs held
Milwood Holding LLC
since 2016
2 recorded transactions
2016
Price N/A
1969
Price N/A
Zoning & alternative use
BI · Rochester Hills, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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