330 West Tienken Rd Rochester Hills, MI 48306
Property profile & analytics
330 West Tienken Rd Rochester Hills, MI 48306
- Commercial real estate
- 5,935 SF
- 2.47 lot acres
Property ID
US43-0931388
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.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 330 West Tienken Rd
- Year built
- 1984
- Lot size
- 2.47 lot acres
- Property size
- 5,935 SF
- Zone code
- BI
- Property type
- Commercial real estate
- APN
- 70-15-03-451-028
- APU
- 701503451028
Description
This exceptional investment opportunity presents a two-story, 12,383 square foot Class B medical office building situated on a 1.75-acre lot in Rochester Hills, Michigan. The property, built in 1984, currently houses five tenants across seven units, with 75% occupancy as of August 8, 2024. The building boasts a Net Rentable Area of 10,651 square feet and offers 72 parking spaces. Recent improvements include a new roof (2023) and a freshly sealed parking lot. The property includes a specialized radiation room. Currently generating a NOI of $59,696, a pro-forma NOI of $160,560 is projected, representing a pro-forma cap rate of 8.92%. The asking price is $1,800,000, translating to a price per square foot of $145.36. Two vacant units present immediate value-add potential through lease-up at market rates. The property is zoned for office use and benefits from a high-traffic location, with over 20,667 cars passing daily. Located in a high-income area with an average household income exceeding $130,000 within a 5-mile radius and a population of 142,000, this property offers significant growth potential. The ample lot size allows for future expansion. This is a triple net (NNN) leased, multi-tenant property with a strong potential for increased revenue. The APN is 70-15-03-451-028.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,517,000
- AI Estimate
- $1,440,000
Market price range: $707k - $1.52MMarket price range: $408k - $1.45M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,045,000 Current use
- RESTAURANT
- $1,025,000 Change: -2% Conversion: Difficult
- RETAIL STORES
- $1,000,000 Change: -4% Conversion: Easy
- MEDICAL BUILDING
- $935,000 Change: -10% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Rochester Hills
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1408
- Latitude
- 42.6963
- 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
2022
$26,753
$0.00
$0.00
$592,610
-
$0.00
$0.00
$1,185,220
