7 Square Lake RdBloomfield Township, MI 48302

Property Details for 7 Square Lake Rd

Year built

1988

Lot size

1.25 AC

Property size (Sq ft)

14,458 SF

Zone code

BI

Property type

Office buildings

APN

C -19-10-101-026

APU

C1910101026

Description

Discover AmeriCenter of Bloomfield, a single-story, 14,141 square foot office building situated on 1.25 acres in Oakland County. Built in 1987 and renovated in 2000, this Class B property offers a variety of office spaces, including executive, coworking, traditional, creative, and medical options. The building features 46 suites, ranging from a minimum of 144 square feet to a maximum contiguous space of 500 square feet. Amenities include 54 parking spaces, a beautifully furnished lobby and reception area, 24/7 access, and a convenient location minutes from I-75 and major cities like Birmingham, Rochester, Pontiac, and Auburn Hills. Additional features include high-speed internet, mail handling, package delivery, complimentary coffee and tea, a kitchen with microwave and refrigerator, all utilities included, and nightly cleaning services. Flexible lease terms, including short-term options, are available. The property is zoned BI and has an APN of C-19-10-101-026. The ceiling height is 8 feet. While there are no elevators, the single-story design ensures easy accessibility. This is an excellent opportunity for businesses seeking a well-maintained, amenity-rich office space in a prime location. Various workspace options are available, including private offices, team suites, virtual offices, business mailing addresses, and meeting spaces.

• CAP approach

  CAP return

  Valuation

  6%

  $2,475,035

  6.5%

  $2,284,648

  7%

  $2,121,459

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,352,401

  Geo Method

  $1,352,401

• Alternative Use

  Use

  Valuation

  Residential

  $2,832,964

  Hospitality

  $2,594,979

  Educational

  $2,158,992

  Medical

  $2,233,243

  Retail

  $3,358,432

Location Insight

City

Bloomfield Hills

County

Oakland

State

Michigan

Latitude

42.603

Longitude

-83.2656

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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