30680 Montpelier DrMadison Heights, MI 48071

Property Details for 30680 Montpelier Dr

Year built

1976

Lot size

0.74 AC

Property size (Sq ft)

14,062 SF

Zone code

0-1 OFF

Property type

Office buildings

APN

44-25-11-201-023

APU

442511201023

Description

This exceptional Madison Heights office building, located at 30680 Montpelier, offers a variety of executive office suites for lease. The property, a Class C building constructed in 1976, boasts a total of 14,200 square feet spread across two stories. Multiple tenancy options are available, with spaces ranging from a minimum of 1,482 square feet to a maximum contiguous space of 3,474 square feet. Currently, 4,956 square feet of office space is vacant and ready for immediate occupancy. The building is zoned O-1 Office Services, ensuring suitability for a wide range of professional businesses. Ample parking is provided with 57 spaces available for tenants and their clients. The property's address is 30680 Montpelier, Madison Heights, MI 48071, within Oakland County. Its convenient location offers easy access to major transportation routes and local amenities. The property's APN is 25-11-201-023. This presents a unique opportunity for businesses seeking flexible and well-located office space in a thriving Michigan community. Contact us today to schedule a viewing and discuss your specific space requirements.

• CAP approach

  CAP return

  Valuation

  6%

  $2,924,691

  6.5%

  $2,699,714

  7%

  $2,506,878

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,315,360

  Geo Method

  $1,315,360

• Alternative Use

  Use

  Valuation

  Residential

  $3,347,646

  Hospitality

  $3,066,426

  Educational

  $2,551,230

  Medical

  $2,638,971

  Retail

  $3,968,580

Location Insight

City

Madison Heights

County

Oakland

State

Michigan

Latitude

42.5172

Longitude

-83.1131

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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