25900 Greenfield RdOak Park, MI 48237

Property Details for 25900 Greenfield Rd

Year built

1972

Lot size

9.01 AC

Property size (Sq ft)

290,448 SF

Zone code

O

Property type

Office properties

Property subtype

Office buildings

APN

52-25-19-301-009

APU

522519301009

Description

Crown Pointe, located at 25900 Greenfield Road in Oak Park, Michigan, presents a significant office leasing opportunity. This Class B property comprises two buildings totaling 83,063 square feet of vacant, traditional office space. The property is ideally suited for multiple tenants, offering flexible space options ranging from a minimum of 639 square feet to a maximum contiguous space of 38,541 square feet. This allows for businesses of various sizes to find a suitable fit within this expansive complex. Situated in Oakland County, with easy access via Greenfield Road, the location provides convenient access to major transportation routes and amenities. The property's 19 available spaces offer a diverse range of configurations to accommodate a variety of business needs. The building's traditional office layout provides a classic and functional workspace. With its substantial square footage and flexible lease terms, Crown Pointe presents a compelling opportunity for businesses seeking a well-located and adaptable office environment in Oak Park, MI, zip code 48237. The property is currently entirely vacant, offering a unique chance to establish a presence in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $58,224,024

  6.5%

  $53,745,252

  7%

  $49,906,308

• Comparable approach

  Method

  Valuation

  Relative Method

  $27,168,506

  Geo Method

  $27,168,506

• Alternative Use

  Use

  Valuation

  Residential

  $66,644,112

  Hospitality

  $61,045,648

  Educational

  $50,789,264

  Medical

  $52,535,984

  Retail

  $79,005,520

Location Insight

City

Oak Park

County

Oakland

State

Michigan

Latitude

42.4803

Longitude

-83.2003

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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