Office Space - For Sale
24125 Drake Road Farmington Hills, MI 48335
Details & Description
Price: $1,400,000
  • Property Type Office for Sale : Professional
  • Lot Size Acres 2.500
  • Building Sq Ft 17,400
  • Building Price per Sq Ft $80.46
  • Land Sq Ft 108,900
  • Land Price per Sq Ft $12.86
Description24125 Drake Road offers a rare combination of features that makes this an ideal HQ facility. This charming building has exposed brick walls, vaulted ceilings, multiple entrances and training/meeting rooms with capacity for 70 and a direct outside entrance to 95 parking spaces. The offices have a high ratio of windows and most can be opened for 'fresh air.' There is also direct access to 1,700 SF of storage with double-door access for pallets/delivery.Built in 2017, the 3,000 SF storage building has 3-phase power and 18' clear height.Highlights14,400 SF Office Building3,000 SF Storage Building w/ 3-phase PowerStandby Generator2.5 Acre Campus
Listing Agents
Dan Blugerman

O: 248-987-5418
M: 248-701-9001
dan@pacommercial.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

24125 Drake Road

Farmington Hills, MI 48335

Listing ID: 197378
Property No Longer Listed
  • Property Type Office for Sale : Professional
  • Lot Size Acres 2.500
  • Building Sq Ft 17,400
  • Building Price per Sq Ft $80.46
  • Land Sq Ft 108,900
  • Land Price per Sq Ft $12.86
24125 Drake Road Farmington Hills, MI 48335 | for Sale | Photo 1
Description

Description

24125 Drake Road offers a rare combination of features that makes this an ideal HQ facility. This charming building has exposed brick walls, vaulted ceilings, multiple entrances and training/meeting rooms with capacity for 70 and a direct outside entrance to 95 parking spaces. The offices have a high ratio of windows and most can be opened for 'fresh air.' There is also direct access to 1,700 SF of storage with double-door access for pallets/delivery.

Built in 2017, the 3,000 SF storage building has 3-phase power and 18' clear height.

Highlights

14,400 SF Office Building

3,000 SF Storage Building w/ 3-phase Power

Standby Generator

2.5 Acre Campus

Farmington Hills Area Market Trends

Listing Demographics for 24125 Drake Road Farmington Hills, MI 48335

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population14,08470,748194,161
Population Median Age404142
Population by Age0-9 Yrs1366 (9%)7594 (10%)20165 (10%)
10-19 Yrs879 (6%)7382 (10%)20967 (10%)
20-29 Yrs2758 (19%)9702 (13%)22932 (11%)
30-39 Yrs2865 (20%)9741 (13%)24361 (12%)
40-49 Yrs1595 (11%)8791 (12%)23801 (12%)
50-59 Yrs1615 (11%)10440 (14%)30343 (15%)
60-69 Yrs1350 (9%)8835 (12%)25569 (13%)
70+ Yrs1655 (11%)8263 (11%)26022 (13%)
Median HH Income$70,761$82,213$80,083
Total Household Income< 24K1075 (15%)3487 (11%)9946 (12%)
25-49K1115 (16%)5023 (16%)14231 (17%)
50-74K1421 (20%)5066 (17%)13614 (17%)
75-99K1023 (15%)4279 (14%)10964 (13%)
100-199K1636 (24%)9055 (30%)22983 (28%)
200K+521 (7%)2712 (9%)8303 (10%)
Highest Education LevelNo Diploma42121127030
Diploma or GED1167742923243
Some College17511000727412
Assoc. Degree516408211670
Bachelors Degree35691528740376
Higher Degree31501220732548
Total Housing Units7,16331,37985,139
--Owner-Occupied2,04318,74254,336
--Renter-Occupied4,74810,88025,704
Owner-Occupied Values< 100K22219285805
100-199K324553514655
200-299K691585717994
300-399K59438169957
400-499K12710023437
500K+856042488
Total Working Age Population12,11558,555160,746
In Work Force8,31339,278103,694
Not In Work Force3,80119,27757,052
Workforce Employed7,99737,83299,556
Workforce Unemployed3161,4274,114
Civlian Workforce8,31339,259103,670
Military Workforce01824
Total Households6,79129,62280,041
Family Households3,44018,44551,325
Non-Family Households3,35211,17728,716
Married Couple2,78715,28542,130
Other Family6523,1609,195
Married w/Child1,1406,28816,355
Single Male w/Child44158675
Single Female w/Child1641,0072,836

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Michigan9,938,444-19,883,640+110,023,423+410,424,510
Wayne County2,061,162-121,820,584-41,741,463-11,730,000
Oakland County1,194,156+11,202,362+51,264,515+71,350,052

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Closest Commercial Airports
Airport Distance (mi)
Detroit Metropolitan Wayne County Airport (DTW) 18
Toledo Express Airport (TOL) 64
MBS International Airport (MBS) 81