18900 15 Mile RdClinton Township, MI 48035

  • Office buildings
  • 6,400 SF
For Lease
$144/SF/YR View listing

Property Details for 18900 15 Mile Rd

Year built
1985
Lot size
0.44 AC
Property size (Sq ft)
6,400 SF
Zone code
I-2
Property type
Office buildings
APN
16-11-33-101-018
APU
161133101018

Description

This exceptional 6,400 square foot office building is ideally situated in the heart of Clinton Township's thriving industrial community at 18900 15 Mile Rd, Clinton Twp, MI 48035. The property is a single-tenant building classified as Class C, offering a blend of traditional and creative office space within its single story structure. The building boasts an expansive open floor plan in its center, perfect for flexible use and adaptable to various business needs. Ample natural light floods the space thanks to the enormous windows lining the entire perimeter. Further enhancing its functionality are dedicated spaces for training or break room use, and a convenient conference room. This turn-key office building provides immediate occupancy and is strategically located for easy access to major transportation arteries, including I-94 and I-696, ensuring seamless commutes for employees and clients. The property's address is 18900 15 Mile Rd, Clinton Twp, MI 48035.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,331,106
    6.5%
    $1,228,714
    7%
    $1,140,948
  • Comparable approach

    Method
    Valuation
    Relative Method
    $598,656
    Geo Method
    $598,656
  • Alternative Use

    Use
    Valuation
    Residential
    $1,523,605
    Hospitality
    $1,395,614
    Educational
    $1,161,134
    Medical
    $1,201,068
    Retail
    $1,806,209

Location Insight

City
Clinton Township
County
Macomb
State
Michigan
Latitude
42.5537
Longitude
-82.9282
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
2022
$8,856
-
-
$173,500
-
-
-
$347,000

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