11182 Highland RdHartland, MI 48353

  • Commercial real estate
  • 3,832 SF
For Sale
$650,000 View listing

Property Details for 11182 Highland Rd

Year built
2005
Lot size
0.88 AC
Property size (Sq ft)
3,832 SF
Zone code
OS
Property type
Commercial real estate
APN
08-22-305-002
APU
822305002

Description

This 3,832 sq ft medical office condominium is located within the Hartland Millennium Center, a three-building all-brick complex situated on a cul-de-sac. The property enjoys a prime location, just half a mile east of Old US-23 and south of M-59 (Highland Road). Currently occupied by Advanced Physical Therapy under a recently signed long-term lease, this unit guarantees a reliable cash flow. Financial details, including a copy of the lease and a recent profit and loss statement, are available upon request following the execution of a confidentiality agreement. Note that the listed square footage excludes the owner's proportional share of common areas such as the foyer and bathrooms. This individual unit is offered for sale at $650,000. The entire building, comprising four office condominium units, is also available for purchase for $2,475,000. The three additional units are separately listed for $1,750,000 (Multi-List #20230002244). The owners are open to offers on the entire building, contingent upon a mutually agreeable transaction structure. This presents a compelling opportunity for investors seeking a desirable return on investment, whether through the individual unit or the entire complex. The property sits on a 0.88-acre lot.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $750,859
    Hospitality
    $687,783
    Educational
    $572,227
    Medical
    $591,907
    Retail
    $890,131

Location Insight

City
Hartland
County
Livingston
State
Michigan
Latitude
42.6335
Longitude
-83.7359
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
$11,231
-
-
$318,600
-
-
-
$637,200

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].