30445 Northwestern HwyFarmington Hills, MI 48334

Property Details for 30445 Northwestern Hwy

Year built

1986

Lot size

4.37 AC

Property size (Sq ft)

69,583 SF

Zone code

BI

Property type

Office buildings

APN

22-23-12-251-007

APU

222312251007

Description

Wellington Place North, located at 30445 Northwestern Hwy in Farmington Hills, Michigan, presents a significant leasing opportunity. This multi-tenant office building, built in 1986, offers a total of 106,117 square feet of space, currently boasting 6,853 square feet of available space. The property is zoned BI and features a variety of suite sizes, ranging from 600 to 5,000 square feet, making it suitable for a range of businesses. Its classification as both traditional and medical office space provides flexibility for diverse tenants. The building's address is conveniently situated in Oakland County, Michigan, with a zip code of 48334. The property's parcel number (APN) is 23-12-251-007. This prime location offers excellent accessibility and visibility for businesses seeking a presence in the thriving Farmington Hills market. The building's substantial size and flexible suite options provide ample opportunity for growth and expansion. Interested parties are encouraged to inquire about available space and lease terms. The building's age and established presence in the community offer a sense of stability and reliability for prospective tenants. This is an exceptional opportunity to secure office space in a well-maintained and strategically located building.

• CAP approach

  CAP return

  Valuation

  6%

  $11,911,770

  6.5%

  $10,995,480

  7%

  $10,210,089

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,508,794

  Geo Method

  $6,508,794

• Alternative Use

  Use

  Valuation

  Residential

  $13,634,396

  Hospitality

  $12,489,033

  Educational

  $10,390,729

  Medical

  $10,748,082

  Retail

  $16,163,356

Location Insight

City

Farmington Hills

County

Oakland

State

Michigan

Latitude

42.5102

Longitude

-83.3271

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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