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38345 W 10 Mile Rd
Farmington Hills, MI 48335
Freeway Office Plaza · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Building Size
43,000 SF
Building Class
B
Year Built
1987
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
13,333 SF
Slab To Slab
9’
Building FAR
0.70
Lot Size
1.42 AC
Zoning
BI
Parking
75 Spaces (1.87 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

ABOUT 38345 W 10 MILE RD , FARMINGTON HILLS, MI 48335

The Property was constructed in 1986 and comprised of one, three-story office building with 32 suites and two elevators. The building is currently ±45.94% occupied by 18 tenants per the rent roll dated January 17, 2019. The Property is zoned B-3 (General Business District). The average daily traffic count at the intersection of W 10 Mile Road and Research Drive, approximately 0.07 miles away, exceeds 19,000 vehicles per day. There are nine bus stops positioned within one mile of the Property. Farmington Hills is the largest city in Oakland County and is a northwestern suburb of on the border of metropolitan Detroit. It is consistently ranked as one of the safest cities in the United States. The Property is situated within six miles of central Farmington Hills, Michigan and 25.1 miles northwest of Detroit. Interstate 96, the area’s east/west artery, is within 3.7 miles of the Property and gives direct access to Lansing, Michigan (65.9 miles northwest) and Detroit, Michigan (29.6 miles southeast). Immediate surrounding land uses are primarily commercial and retail, with residential properties found further to the east, south, and west. The area’s demographics include an estimated 2019 population of 63,718 people with an average household income of $115,551 within a 3-mile radius of the Property. 38345 W 10 Mile Road is located in the Detroit office market and in the Farmington/Farm Hills office submarket.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23-30-127-039
Land Assessment
$170,020
Improvements Assessment
$1,474,620
Total Assessment
$1,644,640
  • Listing ID: 15121416

  • Date on Market: 2/8/2019

  • Last Updated:

  • Address: 38345 W 10 Mile Rd, Farmington Hills, MI 48335

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