Log In/Sign Up
Your email has been sent.
Pine Ridge Place 7640 Dixie Hwy 12,297 SF 85% Leased Office Building Village of Clarkston, MI 48346 $1,650,000 ($134.18/SF) 7.35% Cap Rate



Investment Highlights
- Fully occupied investment property with in-place tenancy.
- Located along the Dixie Highway commercial corridor.
- Medical-use potential provides future flexibility.
- Convenient access to Interstate 75 and regional transportation routes.
- Ample on-site parking supports visitors and employees.
- Positioned within Oakland County's established commercial market.
Executive Summary
7640 Dixie Highway presents an opportunity to acquire a fully occupied commercial investment property in Clarkston, Michigan. The property contains approximately 12,297 square feet and is offered at an asking price of $1,650,000 with a reported net operating income of $121,346. Its fully occupied status provides immediate in-place tenancy and operational continuity for investors seeking stabilized cash flow.
Positioned along Dixie Highway with convenient access to Interstate 75, the property benefits from regional connectivity throughout Oakland County and the greater Detroit metropolitan area. The location supports accessibility for employees, visitors, and customers while providing convenient travel routes to surrounding business districts, healthcare providers, and residential communities. The property's visibility along a well-traveled commercial corridor further enhances its presence within the local market.
The offering also highlights medical-use potential, providing flexibility for future ownership strategies subject to local requirements and approvals. Ample on-site parking supports daily operations and visitor access, an important consideration for professional and healthcare-oriented occupancies. Combined with its established occupancy, accessible location, and parking availability, the asset offers investors a commercial property with current income and long-term positioning within a mature Oakland County market.
Positioned along Dixie Highway with convenient access to Interstate 75, the property benefits from regional connectivity throughout Oakland County and the greater Detroit metropolitan area. The location supports accessibility for employees, visitors, and customers while providing convenient travel routes to surrounding business districts, healthcare providers, and residential communities. The property's visibility along a well-traveled commercial corridor further enhances its presence within the local market.
The offering also highlights medical-use potential, providing flexibility for future ownership strategies subject to local requirements and approvals. Ample on-site parking supports daily operations and visitor access, an important consideration for professional and healthcare-oriented occupancies. Combined with its established occupancy, accessible location, and parking availability, the asset offers investors a commercial property with current income and long-term positioning within a mature Oakland County market.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
12,297 SF
Building Class
C
Year Built
1985
Price
$1,650,000
Price Per SF
$134.18
Cap Rate
7.35%
NOI
$121,275
Percent Leased
85%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
12,000 SF
Building FAR
0.09
Lot Size
3.06 AC
Zoning
O - Office
Parking
65 Spaces (5.42 Spaces per 1,000 SF Leased)
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Great location
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 860-1,824 SF | Office | Partial Build-Out | Now |
1st Floor
| Size |
| 860-1,824 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
1st Floor
| Size | 860-1,824 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Great location
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 08-19-301-033 | Improvements Assessment | $470,500 |
| Land Assessment | $228,500 | Total Assessment | $699,000 |
Property Taxes
Parcel Number
08-19-301-033
Land Assessment
$228,500
Improvements Assessment
$470,500
Total Assessment
$699,000
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
Pine Ridge Place | 7640 Dixie Hwy
