Property profile

4986 Adams Rd Rochester, MI 48306

OFF-MARKET
Office buildings
Property ID
US43-1677997
30,000 SF 0.41 ac lot Built 2004
Individually Owned 20-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 9,188 square foot Class B medical office building, situated on a 7.69-acre lot in Oakland Township, Michigan, presents a unique leasing opportunity. Built in 2004, the single-story building offers flexible space options, with a minimum divisible unit of 2,345 square feet and a maximum contiguous space of 6,843 square feet. Currently, the entire 9,188 square feet is vacant, providing an ideal chance for a single tenant or multiple tenants to establish a presence in this desirable location. The property is zoned BI and boasts a convenient location at 4986 N Adams Rd, Oakland Twp, MI 48306, at the Northwest corner of Silverbell Road and Adams Road. The property features ample parking and is easily accessible. The building's address is 4986 N Adams Rd, with the Assessor's Parcel Number (APN) being N 990001001 in Oakland County. This upscale, second-generation space is perfect for medical practices or general office uses seeking a well-maintained and strategically located facility. The property's single-story design and ample space offer significant advantages for businesses seeking efficient and comfortable work environments. This is a rare opportunity to secure a substantial and well-positioned medical office building in a thriving community.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2004
Total area 30,000 SF
Lot 0.41 ac (17,860 SF)
Zoning code BI
APN N -10-30-476-009
UPID US43-1677997

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
  • Medical Clinic
  • Physician
  • Medical Clinic
  • Pediatrician Medical Clinic
  • Physician

Location

4986 Adams Rd Rochester, MI 48306-5017
Rochester metro Census 190700 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
by Request
Comparable Approach Comparable
$5.00M
Blend (final) Blend
$4.56M

Owner & transaction history

since 2006
3 recorded transactions
2017
Price N/A
2006
Price N/A
2005
Price N/A

Zoning & alternative use

BI · Rochester, MI
Top alternative use upside
Restaurant $5.2M +47.6%
Retail stores $5.1M +43.9%
Medical building $4.7M +34.6%

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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