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38345 West 10 Mile Road

Off-Market

38345 West 10 Mile Road, Farmington Hills, MI 48335

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  • Property Type Office - General Office
  • Property Size 44,934 SF
  • Lot Size 1 Acre
  • Parking Spaces Avail. 67
  • Parking Ratio 1.50 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1986

Location

  • Walk Score ® Car-Dependent (41)
  • Bike Score ® Somewhat Bikeable (47)
Powered by Walk Score ®
  • City Farmington Hills, MI
  • Neighborhood Farmington Hills
  • Zip Code 48335
  • Market Detroit

Points of Interest

Speedway

2.13 miles

2 stations

3.65 miles

Shell

4.83 miles

Quick Fuel

6.27 miles

Marathon

6.55 miles

Speedway

7.38 miles

Sunoco

7.39 miles

eVgo

7.41 miles

Livonia, MI Supercharger

7.82 miles

Sunoco

8.02 miles

MDOT Carpool Lot

2.16 miles

North Parking Lot

3.07 miles

Lot 7

3.13 miles

Lot 1B

3.61 miles

Lot 1A

3.63 miles

school parking

7.78 miles

MDOT Park & Ride

8.42 miles

Visitor's Parking

9.48 miles

Commerce Road Parking

9.53 miles

underground parking entrance

9.70 miles

Motel 6

0.22 miles

Motel 6

0.25 miles

Knights Inn Farmington Hill

0.45 miles

TownePlace Suites

3.75 miles

Residence Inn

3.77 miles

Fairfield Inn

3.81 miles

Park Motel of Farmington

3.99 miles

Extended Stay America

4.22 miles

TownePlace Suites Detroit Commerce

4.42 miles

Grand Tulane Motel

4.67 miles

Primo's Pizza

1.45 miles

Panera Bread

1.91 miles

Farmington Deli

1.98 miles

Lifestyle Cafés

2.77 miles

Cinnabon

2.78 miles

Sbarro

2.78 miles

Coach's Corner

3.10 miles

New Bangkok Thai Cuisine

3.75 miles

Subway

4.20 miles

Dunkin' Donuts

5.91 miles

CoinCoach

1.55 miles

South University

2.53 miles

Schoolcraft College

3.40 miles

Oakland Community College at Orchard Ridge

3.43 miles

Holmes Middle School

4.40 miles

Clarenceville Middle School

5.13 miles

Madonna University

5.34 miles

Madonna University

5.75 miles

Hillel Elementary School

5.93 miles

Our Lady of Good Counsel School

6.90 miles

Childtime Learning

2.30 miles

KinderCare Learning Center

3.03 miles

Minto's Casa

3.47 miles

The Learning Experience

3.58 miles

Livonia Little Tots

5.64 miles

Everbrook Academy of West Bloomfield

5.85 miles

St. Peter's Evangelical Lutheran School

6.95 miles

Allen Early Learning Academy

7.27 miles

Lakes Area Montesorri

7.72 miles

Old Redford Pre-Kindergarten Academy

9.19 miles

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 06 Sep, 2019
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Farmington 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 Farmington Hills Office Market

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

  • 2021 Avg. Asking Rent $22.37
  • 2021 Office Vacancy Rate 19.68%
  • 2021 Office Completions (SF) 200,000

Farmington Hills Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2021 Avg. Price per SF $82.06
  • 2021 Office Sales Volume $18.5M
  • 2021 Number of Transactions 3
View more Farmington Hills market trends

Tax

  • Market Value* $3,125,960
  • Assessed Value $3,125,960

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

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 38345 West 10 Mile Road?

38345 West 10 Mile Road totals 44,934 square feet.

When was this property built?

38345 West 10 Mile Road was built in 1986.

When was 38345 West 10 Mile Road last sold?

38345 West 10 Mile Road was last sold on 06 Sep, 2019.

What is the market value for 38345 West 10 Mile Road?

The market value* for 38345 West 10 Mile Road in 2022 was $3,125,960.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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