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    FOR LEASE
    Parking lots & garages

    801 S Adams Rd, Birmingham, MI 48009

    9,902 SF 0.32 ac lot Built 1960
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US43-1373954
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a fully occupied, newly renovated two-story office building totaling 10,159 square feet, situated on a highly visible 0.33-acre corner lot in Birmingham, Michigan. The property boasts 30 surface parking spaces, providing ample convenience for tenants and visitors. Recent renovations have significantly enhanced the building's appeal and functionality, including the installation of brand new HVAC units throughout. The parking lot has also undergone a complete refurbishment. Furthermore, both interior and exterior common areas have received comprehensive updates, ensuring a modern and well-maintained environment. The strategic location directly across from a newly constructed 157-unit luxury apartment complex offers significant long-term growth potential and increased visibility. This property is currently fully occupied, generating immediate and consistent rental income. The asking price is $2,995,000. This presents a rare chance to acquire a high-quality, income-producing asset in a prime Birmingham location. Please note: Do not disturb or approach tenants.

    Property profile
    Verified
    Property type Parking lots & garages
    Use group PARKING GARAGE, PARKING STRUCTURE
    Year built 1960
    Total area 9,902 SF
    Lot 0.32 ac (13,939 SF)
    Zoning code BI
    APN 08-20-31-153-066
    UPID US43-1373954
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Abro Capital Real Estate LLC
    Abro Capital Real Estate LLC
    since 2025
    6 recorded transactions
    2025
    2022
    2022
    2022
    1998
    1969
    Zoning & alternative use
    BI · Birmingham, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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