37483 Interchange DrFarmington Hills, MI 48335
- Manufacturing properties
- 21,830 SF
Property Details for 37483 Interchange Dr
- Year built
- 1981
- Lot size
- 1.11 AC
- Property size (Sq ft)
- 21,830 SF
- Zone code
- II
- Property type
- Manufacturing properties
- APN
- 22-23-19-252-018
- APU
- 222319252018
Description
This exceptional 16,284-square-foot industrial property, located at 37483 Interchange Drive in Farmington Hills, Michigan, presents a unique investment or leasing opportunity. The building, constructed in 1981, features a flexible design encompassing warehouse and flex space, ideal for a variety of businesses. The single, two-story building sits on a 1.04-acre lot and boasts a generous 21-foot ceiling height, providing ample storage and operational space. Two loading docks ensure efficient loading and unloading, complemented by 64 total parking spaces for employees and visitors. The property is zoned IRO and enjoys excellent freeway access via I-696, I-96, I-275, and M-5, easily accessible through Halsted Road/Grand River Avenue and 12 Mile Road/M-5 interchanges. Signage opportunities are available on Halsted Road. The current configuration includes approximately two-thirds office space, which is adaptable to tenant needs. Floor plans are available upon request. The lease rate will be determined based on market conditions, tenant improvements, lease term, and creditworthiness. The sale price is also to be determined. The entire 16,284 square feet is currently vacant. This property offers significant potential for businesses seeking a strategic location with excellent accessibility and adaptable space. The zip code is 48335.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $4,277,465
- Hospitality
- $3,918,135
- Educational
- $3,259,842
- Medical
- $3,371,954
- Retail
- $5,070,866
Location Insight
- City
- Farmington Hills
- County
- Oakland
- State
- Michigan
- Latitude
- 42.4762
- Longitude
- -83.4174
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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