32270 Telegraph RdBingham Farms, MI 48025

Property Details for 32270 Telegraph Rd

Year built

1984

Lot size

5.46 AC

Property size (Sq ft)

59,924 SF

Zone code

BI

Property type

Office buildings

APN

TB-24-05-226-034

APU

TB2405226034

Description

This exceptional office property, located at 32270 Telegraph Road in Bingham Farms, Michigan, offers a unique blend of medical and creative office spaces. The building, totaling 58,492 square feet, was constructed in 1984 and underwent a significant renovation in 2013, ensuring modern amenities and functionality. The property features multiple tenancies, providing flexibility for businesses of various sizes. Currently, there is 8,930 square feet of vacant space available, divisible into units as small as 960 square feet, with a maximum contiguous space of 4,200 square feet. This allows for a range of occupancy options, catering to both small startups and larger established companies. The building's prime location in Oakland County, with a zip code of 48025, offers easy access to major transportation routes and a thriving business community. The property's APN is 24-05-226-034. This is an excellent opportunity to secure high-quality office space in a desirable location, combining modern aesthetics with convenient accessibility. The adaptable layout makes it ideal for a variety of businesses, from medical practices to creative agencies. Don't miss this chance to establish your business in this well-maintained and strategically located building.

• CAP approach

  CAP return

  Valuation

  6%

  $10,258,266

  6.5%

  $9,469,169

  7%

  $8,792,800

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,605,291

  Geo Method

  $5,605,291

• Alternative Use

  Use

  Valuation

  Residential

  $11,741,769

  Hospitality

  $10,755,397

  Educational

  $8,948,364

  Medical

  $9,256,112

  Retail

  $13,919,678

Location Insight

City

Bingham Farms

County

Oakland

State

Michigan

Latitude

42.525

Longitude

-83.2842

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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