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1116 West Long Lake Road

Off-Market

1116 West Long Lake Road, Bloomfield Hills, MI 48302

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 27,442 Sqft
  • Lot Size 3.81 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1979

Location

  • City Bloomfield Hills, MI
  • Neighborhood Bloomfield
  • Zip Code 48302
  • Market Detroit

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Bloomfield Hills

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Bloomfield Hills Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $26.37
  • 2020 Office Vacancy Rate 17.83%
  • 2020 Office Completions (Sqft)
View more Bloomfield Hills market trends

Tax

  • Property Tax in 2021 $221,382
  • Market Value $8,782,540
  • Assessed Value $8,782,540

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 1116 West Long Lake Road?

1116 West Long Lake Road totals 27,442 square feet.

When was this property built?

1116 West Long Lake Road was built in 1979.

What is the property tax for 1116 West Long Lake Road?

The property tax for 1116 West Long Lake Road in 2021 was $221,382.

What is the market value for 1116 West Long Lake Road?

The market value for 1116 West Long Lake Road in 2021 was $8,782,540.

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