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    OFF-MARKET
    Office buildings

    4147 Darling Ct, Waterford, MI 48329-4083

    1,310 SF 0.22 ac lot Built 1991
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US43-5228934
    Property summary
    AI-generated overview

    This single-tenant office building, located at 4147 Darling Ct in Waterford Township, Michigan, presents a compelling opportunity. The 1,392 square foot building, constructed in 1991 and extensively renovated in 2021, boasts a Class D rating. Situated on a 0.22-acre lot, the single-story structure offers ample parking with 8 spaces. The interior features a thoughtfully designed layout, including a fully finished basement with a conference room, kitchenette, and workout area. The property is zoned C-2 and has an Oakland County APN of 13-10-226-040. The building is currently fully occupied. A minimum 36-month lease term is preferred, utilizing a triple-net (NNN) lease structure. The seller is open to considering offers for the sale of the property, providing a potential long-term investment opportunity. Its convenient location offers easy access to major highways and public transportation. This property is ideal for a business seeking a modern, well-maintained space with excellent amenities. The property's features and location make it an attractive option for businesses seeking a functional and comfortable workspace in a desirable area.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1991
    Total area 1,310 SF
    Lot 0.22 ac (9,583 SF)
    Zoning code BI
    APN W -13-10-226-040
    UPID US43-5228934
    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
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    Owner & transaction history
    Augies Properties LLC · 5 yrs held
    Augies Properties LLC
    since 2021
    Last sale
    $196,000
    6 recorded transactions
    2021
    $196,000
    2021
    2013
    $67,000
    2013
    2005
    $239,000
    2001
    Zoning & alternative use
    BI · Waterford, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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