77 Long Lake RdBloomfield Hills, MI 48304

  • Office buildings
  • 5,851 SF
For Lease
$26/SF/YR View listing

Property Details for 77 Long Lake Rd

Year built
1982
Lot size
0.52 AC
Property size (Sq ft)
5,851 SF
Zone code
BI
Property type
Office buildings
APN
12-19-14-151-011
APU
121914151011

Description

This exceptional 6,000 square foot office building, situated on a 0.72-acre lot in desirable Bloomfield Hills, Michigan, presents a unique investment opportunity. Currently offering 3,000 square feet of immediately available main level space, this property is ideally suited for medical or creative office uses. Built in 1982, the building boasts ample parking with 21 spaces available for tenants and visitors. The property is zoned O1 and features a multi-tenant configuration, providing flexibility for various business needs. The address is 77 East Long Lake Road, Bloomfield Hills, MI 48304, with convenient access to major roadways. The Oakland County location offers a strong business environment and access to a skilled workforce. The property's parcel number (APN) is 19-14-151-011. This is a rare opportunity to secure a well-located, versatile office space in a thriving community. Don't miss out on this chance to establish your business in a prime location. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,001,621
    6.5%
    $924,573
    7%
    $858,532
  • Comparable approach

    Method
    Valuation
    Relative Method
    $547,303
    Geo Method
    $547,303
  • Alternative Use

    Use
    Valuation
    Residential
    $1,146,470
    Hospitality
    $1,050,161
    Educational
    $873,721
    Medical
    $903,770
    Retail
    $1,359,122
77 Long Lake Rd, Bloomfield Hills, Michigan

Location Insight

City
Bloomfield Hills
County
Oakland
State
Michigan
Latitude
42.5845
Longitude
-83.2426
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
2023
$22,056
-
-
$494,430
-
-
-
$988,860

FAQs

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