400 Maple RdBirmingham, MI 48009

  • Office buildings
  • 29,209 SF
For Lease

Property Details for 400 Maple Rd

Year built
1981
Lot size
0.33 AC
Property size (Sq ft)
29,209 SF
Zone code
BI
Property type
Office buildings
APN
08-19-25-356-013
APU
81925356013

Description

This exceptional 4,500 square foot office space is located on the second floor of 400 West Maple Road in Birmingham, Oakland County. The suite offers a traditional office layout adaptable to creative or executive office needs, perfect for a single tenant. Its convenient location provides easy access to amenities and major transportation routes. The building is situated directly across from the Chester Street Parking Structure, ensuring ample parking for employees and clients. The property's proximity to One Stream adds to its appeal. Commuting is a breeze, with convenient access to I-75 (5 miles) and I-696 (4 miles). Enjoy the vibrant atmosphere of downtown Birmingham, with its diverse restaurants and retail options, all within easy reach. Furthermore, the location offers quick access to outdoor recreational areas such as the Birmingham Nature Trails and Shain Park, as well as the Birmingham Library. This is a fantastic opportunity to secure a well-located, spacious office in a thriving community. Lease rate is available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,000,228
    6.5%
    $4,615,596
    7%
    $4,285,910
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,732,210
    Geo Method
    $2,732,210
  • Alternative Use

    Use
    Valuation
    Residential
    $5,723,338
    Hospitality
    $5,242,548
    Educational
    $4,361,738
    Medical
    $4,511,744
    Retail
    $6,784,926
400 Maple Rd, Birmingham, Michigan

Location Insight

City
Birmingham
County
Oakland
State
Michigan
Latitude
42.5469
Longitude
-83.2187
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$98,358
-
-
$3,020,210
-
-
-
$6,040,420

FAQs

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