28592 Orchard Lake RdFarmington Hills, MI 48334

  • Office buildings
  • 11,147 SF
For Lease

Property Details for 28592 Orchard Lake Rd

Year built
1989
Lot size
0.86 AC
Property size (Sq ft)
11,147 SF
Zone code
BI
Property type
Office buildings
APN
22-23-11-152-003
APU
222311152003

Description

This exceptional Farmington Hills office building, located at 28592 Orchard Lake Road, 48334, offers a variety of flexible spaces ideal for businesses of all sizes. The property boasts a total of 11,146 square feet and features two convenient entrances for easy access. Currently, there are two available office suites ranging from 450 square feet to 2,900 square feet, perfect for expanding or downsizing operations. The building is designed to accommodate multiple tenants, providing a collaborative and professional environment. Enjoy the convenience of temperature-controlled storage, ensuring the safety and security of your valuable assets. Enhance your company's visibility with prominent signage in the tenant directory, facing the high-traffic Orchard Lake Road. This prime location in Farmington Hills, Michigan offers excellent visibility and accessibility for clients and employees alike. The building's modern design and amenities create a productive and comfortable workspace. Contact us today to schedule a viewing and discover the perfect office space to meet your business needs. Don't miss this opportunity to secure your ideal office suite in this desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,908,232
    6.5%
    $1,761,445
    7%
    $1,635,627
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,042,690
    Geo Method
    $1,042,690
  • Alternative Use

    Use
    Valuation
    Residential
    $2,184,192
    Hospitality
    $2,000,708
    Educational
    $1,664,565
    Medical
    $1,721,812
    Retail
    $2,589,324
28592 Orchard Lake Rd, Farmington Hills, Michigan

Location Insight

City
Farmington Hills
County
Oakland
State
Michigan
Latitude
42.508
Longitude
-83.3583
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
$22,287
$124,380
$595,480
$719,860
-
$248,760
$1,190,960
$1,439,720

FAQs

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Please email our support team at [email protected] and they will add the team member.
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