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    32910 W 13 Mile Rd Farmington Hills, MI 48334
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    Property profile & analytics

    32910 W 13 Mile Rd Farmington Hills, MI 48334


    • Medical Office Space
    • 21,167 SF
    • 2.01 lot acres
    Multi-Tenant Office/Medical Complex For Sale
    $2,095,000
    20,200 SF

    Multi-Tenant Office/Medical Complex

    20,200 SF multi-tenant office/medical complex available for sale.

    32910 W 13 Mile Rd, Farmington Hills, MI 48334
    View Listing
    Property ID
    US43-0902594
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Medical Office Space

    Property Details for 32910 W 13 Mile Rd

    Year built
    1973
    Lot size
    2.01 lot acres
    Property size
    21,167 SF
    Zone code
    BI
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    22-23-03-301-013
    APU
    222303301013

    Description

    This exceptional investment opportunity presents a 20,200 square foot multi-tenant medical office complex located at 32910 W 13 Mile Rd, Farmington Hills, MI 48334, within Oakland County. The property, built in 1973, boasts 100% occupancy, generating strong net operating income. The building is classified as Office, with a subtype of Medical Office and Dental, catering to a diverse range of healthcare professionals. Its prime location offers convenient access to major regional freeways, ensuring high visibility and accessibility for patients and staff. Currently, lease rates are below market value, presenting significant upside potential for future income growth. The property's strong tenant base and stable income stream make it an attractive investment for those seeking a reliable and appreciating asset in a thriving medical market. Further details regarding pricing are available upon request. This is a fully occupied, multi-tenant medical building offering a solid return on investment with potential for future appreciation. The property's location in Farmington Hills, Michigan provides excellent access to a large and growing patient base.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,280,000
      ML approach
      $2,120,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,485,000
      Market price range: $2.10M - $4.83M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $3,340,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Farmington Hills
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3771
    Latitude
    42.5137
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $36,624
    $240,660
    $931,580
    $1,172,240
    -
    $481,320
    $1,863,160
    $2,344,480
    View Listing
    More about this property
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