39300 12 Mile RdFarmington Hills, MI 48331

  • Office buildings
  • 45,583 SF
For Lease
$14.50/SF/YR View listing

Property Details for 39300 12 Mile Rd

Year built
2001
Lot size
4.92 AC
Property size (Sq ft)
45,583 SF
Zone code
BI
Property type
Office buildings
APN
22-23-07-300-005
APU
222307300005

Description

Haggerty Pointe, a Class A office building in Farmington Hills, Michigan, offers executive office suites for lease. This single-story building, constructed in 2001, boasts 47,903 square feet of total space situated on a 4.98-acre lot. Currently, 9,253 square feet of vacant space is available, divisible into units ranging from 4,332 to 4,921 contiguous square feet. The building features impressive 9' to 16' ceiling heights, allowing for versatile interior design. Tenants enjoy convenient access to 172 parking spaces, private suite entrances, and individual signage opportunities. The building's prime corner location in Farmington Hills provides excellent visibility and prestige. Haggerty Pointe is zoned for office use and has an APN of 23-07-300-005 in Oakland County. The property offers state-of-the-art building systems and ample, well-lit parking, creating an efficient and prestigious business environment. The address is 39300 W 12 Mile Rd, Farmington Hills, MI 48331.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,803,260
    6.5%
    $7,203,009
    7%
    $6,688,508
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,263,834
    Geo Method
    $4,263,834
  • Alternative Use

    Use
    Valuation
    Residential
    $8,931,731
    Hospitality
    $8,181,418
    Educational
    $6,806,844
    Medical
    $7,040,942
    Retail
    $10,588,423

Location Insight

City
Farmington Hills
County
Oakland
State
Michigan
Latitude
42.4979
Longitude
-83.435
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
$74,028
$665,370
$2,160,190
$2,825,560
-
$1,330,740
$4,320,380
$5,651,120

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