Property profile

34705 12th Mile Rd Farmington Hills, MI 48331

OFF-MARKET
Commercial real estate
Property ID
US43-4169406
Entity Owned 4-yr Hold
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Property summary

AI-generated overview

Arboretum West, a Class A office building located at 34705 W 12 Mile Rd, Farmington Hills, MI 48331, offers exceptional executive office space. This three-story building, totaling 118,885 square feet, underwent a significant renovation in 2016, boasting a stunning atrium, updated elevators, and remodeled restrooms. The property features 5 total suites, with a minimum divisible space of 1,506 square feet and a maximum contiguous space of 21,890 square feet. Currently, 38,211 square feet is available for lease. Built in 1990, the building offers 11-foot ceilings and four elevators for convenient access. Amenities include a freshly paved parking lot, a tranquil courtyard, and a pond. Its prime location on W 12 Mile Rd, near Orchard Lake Road in Oakland County, ensures excellent visibility and accessibility from the highway. The property is ideal for businesses seeking modern, well-maintained office space in a desirable Farmington Hills location. Multiple tenancy options are available to accommodate various business needs.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 22-23-16-601-001
UPID US43-4169406

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
  • Factory Production Facility
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Insurance Agency
  • Advertising Agency Marketing & Advertising
  • Engineer Environmental Engineer

Location

34705 12th Mile Rd Farmington Hills, MI 48331-3259
Farmington Hills metro Census 167000 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
$195k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2017
Price N/A

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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