33469 14 Mile RdFarmington Hills, MI 48331

Property Details for 33469 14 Mile Rd

Year built

1986

Lot size

0.59 AC

Property size (Sq ft)

6,345 SF

Zone code

KI

Property type

Office buildings

APN

22-23-04-228-016

APU

222304228016

Description

This exceptional 10,446-square-foot medical office condominium is available for lease in the desirable Farmington Hills, Michigan market. Located at 33469 W 14 Mile Rd, this single-tenant property boasts a spacious layout within a building totaling 10,446 square feet. The entire space is currently vacant, presenting a unique opportunity for a medical practice seeking a move-in ready location. Built in 1986, the building sits on a generous 5.13-acre lot and offers ample parking with 186 spaces available. The property is zoned OS-1, ensuring compliance with local regulations for medical uses. The property's address is 33469 W 14 Mile Rd, Farmington Hills, MI 48331, within Oakland County. The property's convenient location and substantial size make it an ideal setting for a variety of medical practices. The building's substantial size and ample parking provide convenience and accessibility for both staff and patients. This turnkey opportunity allows immediate occupancy and the potential to customize the space to meet specific needs. The property's location in Oakland County, Michigan, offers easy access to major roadways and a thriving community. The parcel number is 23-04-228-016. This is a rare chance to secure a significant medical office space in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,086,188

  6.5%

  $1,002,635

  7%

  $931,018

• Comparable approach

  Method

  Valuation

  Relative Method

  $593,511

  Geo Method

  $593,511

• Alternative Use

  Use

  Valuation

  Residential

  $1,243,267

  Hospitality

  $1,138,826

  Educational

  $947,490

  Medical

  $980,075

  Retail

  $1,473,873

Location Insight

City

Farmington Hills

County

Oakland

State

Michigan

Latitude

42.5269

Longitude

-83.3805

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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