700 Maple RdBirmingham, MI 48009

Property Details for 700 Maple Rd

Year built

1968

Lot size

0.56 AC

Property size (Sq ft)

20,160 SF

Zone code

BI

Property type

Office buildings

APN

08-19-36-226-020

APU

81936226020

Description

This exceptional 20,000-square-foot executive office building, located at 700 E Maple Road in Birmingham, Michigan, presents a unique opportunity for a single tenant. Situated on a 0.56-acre lot in Oakland County, this property offers ample space for a discerning business seeking a prestigious location. Built in 1966, the building is currently entirely vacant, providing a blank canvas for a complete customization to suit your specific needs. The entire 20,000 square feet is available for lease, allowing for a seamless transition and immediate occupancy. The property's address is 700 E Maple Rd, Birmingham, MI 48009. Its convenient location within Birmingham offers easy access to major transportation routes, enhancing connectivity and accessibility for employees and clients alike. This single-tenant occupancy ensures privacy and control over the entire space, eliminating the complexities of shared facilities and potential conflicts with other tenants. The property's substantial size and prime location make it an ideal choice for a company seeking to establish a strong presence in the thriving Birmingham business community. The building's age presents an opportunity for a modern renovation, allowing for the creation of a state-of-the-art workspace tailored to contemporary business requirements. This is a rare opportunity to secure a significant and highly desirable office space in a sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,451,149

  6.5%

  $3,185,676

  7%

  $2,958,128

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,885,766

  Geo Method

  $1,885,766

• Alternative Use

  Use

  Valuation

  Residential

  $3,950,238

  Hospitality

  $3,618,397

  Educational

  $3,010,464

  Medical

  $3,113,998

  Retail

  $4,682,944

Location Insight

City

Birmingham

County

Oakland

State

Michigan

Latitude

42.5463

Longitude

-83.2097

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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