31440 Northwestern HwyFarmington Hills, MI 48334

Property Details for 31440 Northwestern Hwy

Year built

1987

Lot size

18.46 AC

Property size (Sq ft)

246,695 SF

Zone code

BI

Property type

Office buildings

APN

22-23-01-301-027

APU

222301301027

Description

This exceptional Class A office building, the Woodlands Officentre, located at 31440 Northwestern Hwy, Farmington Hills, MI 48334, offers a prime opportunity for businesses seeking executive office space. The property boasts a total of 232,400 square feet, with 29,545 square feet currently available for lease. Multiple tenancy options are available, accommodating businesses of various sizes. Units range from a minimum of 2,807 square feet to a maximum contiguous space of 29,545 square feet, providing flexibility for diverse needs. The building offers convenient amenities including on-site fitness facilities and daycare, enhancing employee well-being and productivity. Its strategic location in Farmington Hills, Michigan provides easy access to major transportation routes and a thriving business community. The building's modern design and high-quality finishes create a professional and inviting atmosphere. This is an unparalleled opportunity to secure prestigious office space in a highly sought-after location. Contact us today to schedule a viewing and explore the possibilities for your business. The available space is contiguous and ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $42,231,208

  6.5%

  $38,982,656

  7%

  $36,198,180

• Comparable approach

  Method

  Valuation

  Relative Method

  $23,075,850

  Geo Method

  $23,075,850

• Alternative Use

  Use

  Valuation

  Residential

  $48,338,492

  Hospitality

  $44,277,800

  Educational

  $36,838,608

  Medical

  $38,105,544

  Retail

  $57,304,500

Location Insight

City

Farmington Hills

County

Oakland

State

Michigan

Latitude

42.52

Longitude

-83.3368

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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