38799 West 12 Mile Road

Off-Market

38799 West 12 Mile Road, Farmington Hills, MI 48331

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 30,932 SF
  • Lot Size 2.47 Acre
  • Parking Spaces Avail. 123
  • Parking Ratio 4.00 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1993

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

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

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination 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.

  • 2022 Avg. Asking Rent $21.46
  • 2022 Office Vacancy Rate 22.26%
  • 2022 Office Completions (SF)
View more Farmington Hills market trends

Location

Getting Around

  • Walk Score ®

    30/100 Car-Dependent
  • Bike Score ®

    28/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Farmington Hills, MI
  • Neighborhood Farmington Hills
  • Zip Code 48331
  • Market Detroit

Points of Interest

  • BP

    0.38 miles

  • Kroger

    0.57 miles

  • Speedway

    0.62 miles

  • Shell

    0.62 miles

  • Shell

    1.71 miles

  • Mobil

    1.77 miles

  • Sunoco

    1.96 miles

  • Exxon

    1.99 miles

  • BP

    2.04 miles

  • Shell

    2.08 miles

  • North Parking Lot

    1.42 miles

  • Lakeshore Park Skills Area Parking Lot

    2.75 miles

  • Lot 8

    2.78 miles

  • Lot 7

    2.81 miles

  • Lot 9

    2.83 miles

  • Lot 6

    2.87 miles

  • MTB Tralhead Parking

    3.03 miles

  • Lot 5

    3.12 miles

  • Lot 4

    3.16 miles

  • Lot 3

    3.22 miles

  • Holiday Inn Express & Suites

    0.50 miles

  • Hawthorn Suites

    0.68 miles

  • Motel 6

    1.82 miles

  • Motel 6

    1.85 miles

  • Red Roof Inn

    1.93 miles

  • DoubleTree

    2.14 miles

  • TownePlace Suites Detroit Novi

    2.14 miles

  • Holiday Inn Hotel & Suites

    2.14 miles

  • Sonesta Select Detroit Novi

    2.19 miles

  • Knights Inn Farmington Hill

    2.20 miles

  • Ruby Tuesday

    0.45 miles

  • Kerby's Koney Island

    0.49 miles

  • Subway

    0.49 miles

  • House of Ing

    0.49 miles

  • Antonio's Cucina Italiana

    0.51 miles

  • 2Booli

    0.52 miles

  • Panera Bread

    0.55 miles

  • McDonald's

    0.58 miles

  • Bangkok 18

    1.06 miles

  • Arby's

    1.67 miles

  • Hillside Elementary School

    1.37 miles

  • Great Beginnings Daycare

    1.37 miles

  • South University

    1.41 miles

  • Meadowbrook Elementary School

    1.50 miles

  • Novi Christian Academy

    1.54 miles

  • Professional Bartenders School

    1.82 miles

  • Wayne State University Oakland Center

    2.41 miles

  • Koby International Academy

    2.50 miles

  • Village Oaks Elementary School

    2.56 miles

  • Forest Elementary School

    2.61 miles

  • Childtime Learning

    0.97 miles

  • KinderCare Learning Center

    1.13 miles

  • Minto's Casa

    2.68 miles

  • Country Hills Montessori

    4.06 miles

  • Tutor Time

    4.07 miles

  • The Learning Experience

    4.37 miles

  • Everbrook Academy of West Bloomfield

    4.43 miles

  • KinderCare

    4.79 miles

  • West Bloomfield KinderCare

    5.57 miles

  • Lakes Area Montesorri

    5.68 miles

Frequently Asked Questions

What is the total square footage of 38799 West 12 Mile Road?

38799 West 12 Mile Road totals 30,932 square feet.

What is the market value for 38799 West 12 Mile Road?

The market value* for 38799 West 12 Mile Road in 2023 was $3,232,700.
*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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