1760 Telegraph RdBloomfield Hills, MI 48302

  • Office buildings
  • 42,851 SF
For Lease
$21.50/SF/YR View listing

Property Details for 1760 Telegraph Rd

Year built
1987
Lot size
2.90 AC
Property size (Sq ft)
42,851 SF
Zone code
BI
Property type
Office buildings
APN
C -19-06-253-020
APU
C1906253020

Description

This exceptional executive office space, located at 1760 S Telegraph Rd in Bloomfield Township, Michigan 48302, offers a prime opportunity for businesses seeking a prestigious address. The property, known as Square Lake Office Park I, comprises a total of 4,989 square feet, with a flexible layout accommodating multiple tenants. Currently, there are 1,459 square feet of immediately available space, perfect for a variety of professional uses. The building's design caters specifically to executive office needs, providing a sophisticated and efficient work environment. The entire 4,989 square feet is also available for lease to a single tenant seeking a larger contiguous space. This location in Bloomfield Township offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a strategic presence in a thriving commercial area. The property is classified as an Executive Office and Professional space, reflecting its high-quality construction and amenities. Interested parties are encouraged to inquire about lease terms and availability for this exceptional office space. The property's latitude and longitude coordinates are 42.6130568 and -83.3091617 respectively. This presents a rare opportunity to secure a well-located, high-quality office space in a desirable Michigan community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,335,574
    6.5%
    $6,771,300
    7%
    $6,287,635
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,008,282
    Geo Method
    $4,008,282
  • Alternative Use

    Use
    Valuation
    Residential
    $8,396,411
    Hospitality
    $7,691,068
    Educational
    $6,398,878
    Medical
    $6,618,945
    Retail
    $9,953,810
1760 Telegraph Rd, Bloomfield Hills, Michigan

Location Insight

City
Bloomfield Hills
County
Oakland
State
Michigan
Latitude
42.6132
Longitude
-83.3095
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
$76,443
-
-
$1,825,850
-
-
-
$3,651,700

FAQs

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