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36500 Corporate Dr Farmington Hills, MI 48331

Office buildings Google Maps
122,508 SF 10.56 ac lot Built 2010
Entity Owned 16-yr Hold Free & Clear
Estimated value (blended)
$3.72M
Range $3.34M – $4.09M (±10%)
Property ID US43-0977051

Property summary

AI-generated overview

This exceptional Class A office building, located at 36500 Corporate Drive in Farmington Hills, Michigan, offers a significant opportunity for businesses seeking premium space in Oakland County. The property boasts a total of 125,195 square feet, with a substantial 100,000 square feet currently available for lease. This allows for flexibility, accommodating tenants requiring anywhere from 35,000 to 100,000 contiguous square feet. The building features a multi-tenant configuration, providing a vibrant and collaborative environment. Situated on a generous 10.56-acre lot, the property provides ample parking with 600 spaces available for tenants and visitors. The building's "Executive Office" designation speaks to its high-quality finishes and amenities, making it an ideal location for discerning businesses. Its convenient Farmington Hills location in Oakland County, with a zip code of 48331, offers easy access to major transportation routes and a wealth of local amenities. This is a rare opportunity to secure a substantial amount of prime office space in a highly desirable location. Contact us today to learn more about leasing options and explore the possibilities this exceptional property offers.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2010
Total area 122,508 SF
Lot 10.56 ac (459,994 SF)
Zoning code BV
APN 22-23-17-126-002
UPID US43-0977051

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate 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
$14.64M
Blend (final) Blend
$3.72M

Owner & transaction history

since 2010
5 recorded transactions
2017
Price N/A
2010
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

BV · Farmington Hills, MI
Top alternative use upside
Medical building $19.3M +32.1%
Auto repair, garage $15.0M +2.5%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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