27600 Farmington RdFarmington Hills, MI 48334

Property Details for 27600 Farmington Rd

Year built

1969

Lot size

1.06 AC

Property size (Sq ft)

14,016 SF

Zone code

BI

Property type

Office buildings

APN

22-23-15-101-016

APU

222315101016

Description

Quakertown Office Center, located at 27600 & 27620 Farmington Rd, Farmington Hills, MI 48334, offers a variety of executive office suites for lease. This Suburban location in Suffolk County boasts a total of 60,000 square feet in a professionally managed building constructed in 1974. Currently, 7,828 square feet of space is available, divisible into units ranging from 420 to 911 contiguous square feet. The property is zoned for office use and features multiple tenancies, providing flexibility for businesses of various sizes. The building offers convenient amenities including three stairways at multiple entrances for low-traffic access and a two-story central lobby, ideal for welcoming clients. The building provides affordable solutions for businesses seeking a private and secure workspace in an upscale setting, presenting an excellent alternative to co-working spaces or home offices. A prominent sign is available for a major tenant. This is an exceptional opportunity for businesses seeking efficient and well-located office space in Farmington Hills.

• CAP approach

  CAP return

  Valuation

  6%

  $2,399,370

  6.5%

  $2,214,803

  7%

  $2,056,603

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,311,057

  Geo Method

  $1,311,057

• Alternative Use

  Use

  Valuation

  Residential

  $2,746,356

  Hospitality

  $2,515,647

  Educational

  $2,092,989

  Medical

  $2,164,970

  Retail

  $3,255,761

Location Insight

City

Farmington Hills

County

Oakland

State

Michigan

Latitude

42.4971

Longitude

-83.3774

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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