2525 Telegraph RdBloomfield Township, MI 48302

  • Office buildings
  • 35,213 SF
For Lease
$18.50/SF/YR View listing

Property Details for 2525 Telegraph Rd

Year built
1987
Lot size
1.73 AC
Property size (Sq ft)
35,213 SF
Zone code
BI
Property type
Office buildings
APN
C -19-05-476-076
APU
C1905476076

Description

This exceptional Class A medical office building, located at 2525 S Telegraph Rd in Bloomfield Township, MI 48302, offers a prime opportunity for medical professionals. The Northpointe Office Building boasts a total of 37,151 square feet across three stories, built in 1987, and situated on a 2.15-acre lot. Currently, there is 1,941 square feet of vacant space available, with a minimum divisible unit of 1,194 square feet and a maximum contiguous space of 4,406 square feet. The building is zoned B-1 and features ample parking with 115 spaces available for tenants and visitors. The property is conveniently located in Oakland County, offering easy access to major roadways and a thriving medical community. This multi-tenant building provides a professional and efficient environment, ideal for a variety of medical practices. The property's APN is 19-05-476-076. This is a rare opportunity to secure high-quality medical office space in a desirable location. Inquire today to learn more about leasing options and explore the possibilities for your practice.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,028,041
    6.5%
    $5,564,346
    7%
    $5,166,892
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,293,824
    Geo Method
    $3,293,824
  • Alternative Use

    Use
    Valuation
    Residential
    $6,899,788
    Hospitality
    $6,320,169
    Educational
    $5,258,306
    Medical
    $5,439,148
    Retail
    $8,179,588
2525 Telegraph Rd, Bloomfield Township, Michigan

Location Insight

City
Bloomfield Hills
County
Oakland
State
Michigan
Latitude
42.6037
Longitude
-83.29
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
$64,381
-
-
$1,686,290
-
-
-
$3,372,580

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