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    Property profile & analytics
    OFF-MARKET Estimated value $1,645,000
    Office buildings

    800 Adams Rd, Birmingham, MI 48009-7005

    10,824 SF 0.61 ac lot Built 1959
    Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-0969962
    Property summary
    AI-generated overview

    This exceptional medical office suite, located at 800 S Adams Rd in Birmingham, Michigan, presents a fantastic opportunity for medical professionals seeking a prime location. The suite, identified as Suite 105, offers 1,150 square feet of well-appointed space on the first floor, conveniently situated right off the main lobby. The building itself is a Class B, two-story structure totaling 11,050 square feet, featuring ample on-site parking for both staff and clients. The building includes an elevator for easy access to all floors. This property is ideally situated in downtown Birmingham, offering easy access to numerous amenities within walking distance. The suite is currently built out as a dental office, showcasing Class A finishes, but is adaptable to various medical specialties. The lease rate is $35.95 per square foot, plus utilities and janitorial services. The property is located in Oakland County, Michigan, with a zip code of 48009. This is a rare opportunity to secure a well-located, well-maintained medical office suite in a thriving downtown area. The multiple tenancy building ensures a vibrant and professional atmosphere. Don't miss this chance to establish or expand your practice in a highly desirable location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1959
    Total area 10,824 SF
    Lot 0.61 ac (26,572 SF)
    Zoning code BI
    APN 08-19-36-283-009
    UPID US43-0969962
    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
    $1.80M
    Blend (final) Blend
    $1.65M
    Owner & transaction history
    Birmingham Md Properties LLC · 18 yrs held
    Birmingham Md Properties LLC
    since 2007
    5 recorded transactions
    2020
    2007
    1969
    1969
    1969
    Zoning & alternative use
    BI · Birmingham, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $1.9M +50.2%
    Restaurant $1.9M +47.6%
    Retail stores $1.8M +43.9%
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