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Property profile & analytics
FOR LEASE
Medical Office Space

6450 Farmington Rd West Bloomfield, MI 48322

24,842 SF 3.02 ac lot Built 1980
Entity Owned 9-yr Hold Free & Clear
Property ID
US43-0085369
Property summary
AI-generated overview

The Potomac Professional Building, located at 6450 Farmington Road in West Bloomfield Township, Michigan, offers exceptional medical and professional office space. This 33,400 square foot building boasts ample parking with 184 spaces available for tenants and visitors. Currently, there is 32,800 square feet of vacant space available, perfect for a variety of medical or professional practices. Flexible lease options are available, with suites ranging from a minimum of 1,200 square feet to a maximum contiguous space of 8,200 square feet. The building is situated in Oakland County, offering convenient access to major roadways and a thriving business community. This prime location in West Bloomfield Township, zip code 48322, provides excellent visibility and accessibility for patients and clients. The building's multiple tenancy structure allows for a diverse and collaborative environment. This is a fantastic opportunity for businesses seeking high-quality, well-located office space in a desirable area. Contact us today to learn more about leasing opportunities and to schedule a viewing.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1980
Total area 24,842 SF
Lot 3.02 ac (131,682 SF)
Zoning code BI
APN X -18-28-400-019
UPID US43-0085369
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
by Request
Comparable Approach Comparable
$4.15M
Blend (final) Blend
$3.39M
Owner & transaction history
6450 Farmington Road LLC · 9 yrs held
6450 Farmington Road LLC
since 2017
5 recorded transactions
2017
Price N/A
2015
Price N/A
2006
$2.4M
2006
Price N/A
2005
Price N/A
Zoning & alternative use
BI · West Bloomfield, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $4.4M +11.6%
Restaurant $4.3M +9.7%
Retail stores $4.2M +6.9%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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