597 Adams RdBirmingham, MI 48009

Property Details for 597 Adams Rd

Year built

1964

Lot size

5.05 AC

Property size (Sq ft)

84,711 SF

Zone code

BI

Property type

Super regional malls

APN

08-20-31-151-002

APU

82031151002

Description

Adam's Square presents a unique opportunity in Birmingham's vibrant Triangle District. This 89,486 square foot mixed-use development offers a diverse range of office and retail spaces, ideal for businesses seeking a prominent location. Currently, six office spaces are available, ranging from 640 to 6,996 square feet, catering to various business needs and sizes. The property boasts a significant advantage over other Birmingham retail spaces: ample parking, a controlled traffic entrance, and competitively priced retail rents. Its strategic location directly across from a new luxury development featuring 138 residential units and additional retail space ensures high visibility and foot traffic. Furthermore, its proximity—just 0.7 miles from downtown Birmingham—provides easy access to the city's amenities and central business district. This mixed-use development offers a blend of convenience, accessibility, and a prime location within a thriving community, making it an exceptional investment opportunity for businesses seeking a dynamic and well-connected address. The multiple tenancy structure allows for flexibility and diverse occupancy. The property type encompasses office, retail, spa, restaurant, deli, and cafe spaces, creating a vibrant and diverse environment. Located in Oakland County, Adam's Square offers a strong foundation for business growth and success.

• CAP approach

  CAP return

  Valuation

  6%

  $21,317,208

  6.5%

  $19,677,422

  7%

  $18,271,892

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,968,144

  Geo Method

  $19,968,144

• Alternative Use

  Use

  Valuation

  Residential

  $16,598,642

  Hospitality

  $15,204,267

  Educational

  $12,649,771

  Medical

  $13,084,816

  Retail

  $19,677,422

Location Insight

City

Birmingham

County

Oakland

State

Michigan

Latitude

42.5426

Longitude

-83.2045

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].