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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    34705 12th Mile Rd, Farmington Hills, MI 48331-3259

    Entity Owned 3-yr Hold
    Property ID
    US43-4169406
    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
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Trasco Realty LLC · 3 yrs held
    Trasco Realty LLC
    since 2022
    2 recorded transactions
    2022
    2017
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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