32605 12 Mile RdFarmington Hills, MI 48334

Property Details for 32605 12 Mile Rd

Year built

1985

Lot size

7.68 AC

Property size (Sq ft)

124,498 SF

Zone code

BI

Property type

Office buildings

APN

22-23-15-101-034

APU

222315101034

Description

This exceptional Class A office building, Orchard Ridge, offers a prime location in Farmington Hills, Michigan. Situated at 32605 W 12 Mile Rd, near Orchard Lake, this three-story building boasts a total of 120,000 square feet, with 69,183 square feet currently available for lease. Built in 1986 and extensively renovated in 2020, the property provides modern amenities within a classic setting. Multiple tenancy options are available, with spaces ranging from a minimum of 2,000 square feet to a maximum contiguous space of 20,000 square feet, catering to a variety of business needs. The building enjoys excellent visibility and accessibility, benefiting from its proximity to I-696 and its convenient location near the Farmington Hills Library and Post Office. This traditional office space offers a sophisticated and functional environment for businesses seeking a prestigious address in Oakland County. The property's strategic location and recent renovations make it an ideal choice for companies looking for high-quality office space in a thriving community. Contact us today to learn more about leasing opportunities and explore the possibilities of establishing your business in this exceptional location.

• CAP approach

  CAP return

  Valuation

  6%

  $21,312,556

  6.5%

  $19,673,128

  7%

  $18,267,906

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,645,543

  Geo Method

  $11,645,543

• Alternative Use

  Use

  Valuation

  Residential

  $24,394,680

  Hospitality

  $22,345,396

  Educational

  $18,591,106

  Medical

  $19,230,484

  Retail

  $28,919,500

Location Insight

City

Farmington Hills

County

Oakland

State

Michigan

Latitude

42.4967

Longitude

-83.3706

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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