30201 Orchard Lake RdFarmington Hills, MI 48334

Property Details for 30201 Orchard Lake Rd

Year built

1989

Lot size

3.81 AC

Property size (Sq ft)

50,960 SF

Zone code

BI

Property type

Office buildings

APN

22-23-03-429-071

APU

222303429071

Description

This exceptional Class A office building, located at 30201 Orchard Lake Road in Farmington Hills, Michigan, offers two immediately available executive suites. The building boasts a total of 50,960 square feet and is situated in the desirable Farmington Hills submarket of Oakland County. Recent interior and exterior renovations enhance the modern aesthetic. Suite 130, a first-floor space of 2,140 square feet, features a lobby, three offices, a conference room, an open area, and a kitchen. Furniture is available for this suite upon request. Suite 255, a 2,439 square foot corner suite on the second floor, includes a lobby, three offices, a large conference room, a kitchen, IT/storage space, and an open area. The building is pet-friendly (subject to lease terms) and provides ample parking. The minimum divisible space is 1,185 square feet, with a maximum contiguous space of 11,633 square feet. Currently, 17,128 square feet of space is vacant. This prime location on the west side of Orchard Lake Road, between 13 and 14 Mile roads, offers unparalleled convenience and accessibility. The building's modern amenities and convenient location make it an ideal choice for businesses seeking high-quality office space in a thriving community. The zip code is 48334.

• CAP approach

  CAP return

  Valuation

  6%

  $8,723,737

  6.5%

  $8,052,680

  7%

  $7,477,489

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,766,798

  Geo Method

  $4,766,798

• Alternative Use

  Use

  Valuation

  Residential

  $9,985,324

  Hospitality

  $9,146,503

  Educational

  $7,609,784

  Medical

  $7,871,496

  Retail

  $11,837,441

Location Insight

City

Farmington Hills

County

Oakland

State

Michigan

Latitude

42.5198

Longitude

-83.3604

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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