380 Old Woodward AveBirmingham, MI 48009

Property Details for 380 Old Woodward Ave

Year built

1985

Lot size

0.55 AC

Property size (Sq ft)

53,584 SF

Zone code

BI

Property type

Office buildings

APN

08-19-25-379-024

APU

81925379024

Description

This Class A office building at 380 N Old Woodward Ave in Birmingham, Michigan offers exceptional office space for lease. Located in Oakland County, this prestigious property boasts a total of 42,091 square feet, with multiple tenancy options available. Currently, there are 5,087 square feet of vacant space ready for immediate occupancy. The building caters to diverse needs, offering both executive and creative office suites. Flexible space configurations are possible, with a minimum divisible space of 929 square feet and a maximum contiguous space of 4,158 square feet. This presents a unique opportunity for businesses seeking a high-quality, well-located office in a thriving community. The building's prime location on Old Woodward Avenue provides excellent visibility and accessibility. The 48009 zip code offers easy access to major transportation routes, amenities, and a vibrant downtown area. This is an ideal setting for businesses seeking a prestigious address and a productive work environment. The building's Class A designation reflects its superior construction, modern amenities, and overall quality. Contact us today to learn more about leasing opportunities and to schedule a viewing of this exceptional Birmingham office space.

• CAP approach

  CAP return

  Valuation

  6%

  $9,172,935

  6.5%

  $8,467,324

  7%

  $7,862,516

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,012,248

  Geo Method

  $5,012,248

• Alternative Use

  Use

  Valuation

  Residential

  $10,499,482

  Hospitality

  $9,617,469

  Educational

  $8,001,622

  Medical

  $8,276,810

  Retail

  $12,446,967

Location Insight

City

Birmingham

County

Oakland

State

Michigan

Latitude

42.5494

Longitude

-83.2161

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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