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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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