30903 Northwestern HwyFarmington Hills, MI 48334

  • Office buildings
  • 52,722 SF
For Lease
$17.95/SF/YR View listing

Property Details for 30903 Northwestern Hwy

Year built
1985
Lot size
3.29 AC
Property size (Sq ft)
52,722 SF
Zone code
BI
Property type
Office buildings
APN
22-23-12-126-038
APU
222312126038

Description

Located in Farmington Hills, Michigan, Kaufman Financial Center II offers prime office space for lease. This Class A building, constructed in 1985, boasts a total of 63,000 square feet and sits on a 3.29-acre lot. The property is zoned BI and features ample parking with 4.62 spaces per unit. Multiple tenancy options are available, with suites ranging from a minimum of 1,045 square feet to a maximum contiguous space of 5,600 square feet. Currently, 7,813 square feet of space is vacant and ready for immediate occupancy. The building caters to diverse business needs, accommodating executive office, coworking, medical office, and creative office uses. The property's address is 30903 Northwestern Hwy, Farmington Hills, MI 48334, within Oakland County (APN: 23-12-126-038). This exceptional location provides easy access to major transportation routes and amenities. The building's versatile layout and modern amenities make it an ideal choice for businesses seeking a prestigious and functional workspace. Inquire today to learn more about available suites and lease terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,025,371
    6.5%
    $8,331,112
    7%
    $7,736,032
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,931,616
    Geo Method
    $4,931,616
  • Alternative Use

    Use
    Valuation
    Residential
    $10,330,578
    Hospitality
    $9,462,754
    Educational
    $7,872,900
    Medical
    $8,143,662
    Retail
    $12,246,734
30903 Northwestern Hwy, Farmington Hills, Michigan

Location Insight

City
Farmington Hills
County
Oakland
State
Michigan
Latitude
42.5132
Longitude
-83.3328
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$70,225
$454,390
$2,182,410
$2,636,800
-
$908,780
$4,364,820
$5,273,600

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