Office Space
32811 Middlebelt Road Farmington Hills, MI 48334
Details & Description
Price: $1,050,000
    Property Highlights
    Listing Agents
    Andrew Bower

    O: 248-324-2000
    M: 248-848-4193
    Andrew.bower@freg.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.

    32811 Middlebelt Road

    Farmington Hills, MI 48334

    Listing ID: 262573
    • 32811 Middlebelt Road Farmington Hills, MI 48334 | for Sale | Photo 1
    • 32811 Middlebelt Road Farmington Hills, MI 48334 | for Sale | Photo 2
    • 32811 Middlebelt Road Farmington Hills, MI 48334 | for Sale | Photo 3
    32811 Middlebelt Road | for Sale | Thumbnail 1
    32811 Middlebelt Road | for Sale | Thumbnail 2
    32811 Middlebelt Road | for Sale | Thumbnail 3
    Building Size: 17,200 SF
    Lot Size: 0.750 AC
    Land Size: 32,670 SF
    Building $/SF: $61.05
    Land $/SF: $32.14
    Price
    $1,050,000
    Property Highlights
    17,200 SF office building 8,600 1st Floor 8,600 Lower Level
    Fully leased to 9 national and local tenants
    Staggered lease expirations through 2023
    Strong historical occupancy
    Easy access to M-10, M-24 and I-696
    Excellent owner-user investment opportunity
    Owner-user suite available on 1st floor 2,500 SF
    Ideal for professional, general business, and medical office uses
    New parking lot
    Possible 13 Cash-on-Cash return
    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Warren History of Office Space for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Farmington Hills Area Market Trends

    Listing Demographics for 32811 Middlebelt Road Farmington Hills, MI 48334

    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 Population5,84063,455168,502
    Population Median Age454344
    Population by Age0-9 Yrs590 (10%)6382 (10%)16410 (9%)
    10-19 Yrs720 (12%)7755 (12%)20137 (11%)
    20-29 Yrs422 (7%)6689 (10%)17367 (10%)
    30-39 Yrs635 (10%)6744 (10%)18245 (10%)
    40-49 Yrs762 (13%)7550 (11%)19852 (11%)
    50-59 Yrs802 (13%)9177 (14%)24814 (14%)
    60-69 Yrs815 (13%)8881 (13%)24586 (14%)
    70+ Yrs1093 (18%)10278 (16%)27091 (16%)
    Median HH Income$99,249$96,842$94,070
    Total Household Income< 24K223 (9%)2987 (11%)8234 (12%)
    25-49K308 (13%)3377 (13%)10149 (14%)
    50-74K361 (15%)3594 (14%)9561 (14%)
    75-99K256 (11%)2951 (11%)8064 (11%)
    100-199K857 (37%)7873 (31%)20151 (29%)
    200K+276 (12%)4291 (17%)12033 (17%)
    Highest Education LevelNo Diploma19424925893
    Diploma or GED568551415539
    Some College816746320682
    Assoc. Degree20425247045
    Bachelors Degree12261350136788
    Higher Degree12821460537721
    Total Housing Units2,42326,45072,740
    --Owner-Occupied1,85218,34747,962
    --Renter-Occupied4306,72620,230
    Owner-Occupied Values< 100K1117972157
    100-199K35725928124
    200-299K845593212726
    300-399K322417310156
    400-499K5816804832
    500K+15931749968
    Total Working Age Population4,82852,312139,492
    In Work Force3,02332,94787,039
    Not In Work Force1,80619,36652,453
    Workforce Employed2,92931,60983,258
    Workforce Unemployed941,3233,762
    Civlian Workforce3,02332,93287,020
    Military Workforce01519
    Total Households2,28225,07468,193
    Family Households1,61317,04745,291
    Non-Family Households6698,02622,902
    Married Couple1,40714,05137,236
    Other Family2062,9968,055
    Married w/Child5025,41013,593
    Single Male w/Child7376746
    Single Female w/Child497672,376

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Michigan9,938,444-19,883,640+110,023,423+410,424,510
    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.

    Common Questions and Answers

    What is the asking price for 32811 Middlebelt Road in Farmington Hills?
    The asking price for 32811 Middlebelt Road is $1,050,000
    What is the building size of this Office property in Farmington Hills, MI?
    The size of the building/unit at 32811 Middlebelt Road in Farmington Hills is 17,200 square feet
    How much land does the Farmington Hills, MI property at 32811 Middlebelt Road include?
    32811 Middlebelt Road in Farmington Hills includes 0.750 acres of land
    What kind of Office is the propery at 32811 Middlebelt Road?
    The property at 32811 Middlebelt Road Farmington Hills, MI 48334 is listed as a Professional Office property
    What is the population within 1 mile of 32811 Middlebelt Road in Farmington Hills?
    The population within 1 mile of 32811 Middlebelt Road Farmington Hills, MI 48334 is 5,840 people.
    Who do I contact for questions about 32811 Middlebelt Road?
    You should contact the listing agent, Andrew Bower, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Detroit Metropolitan Wayne County Airport (DTW) 22
    Toledo Express Airport (TOL) 69
    MBS International Airport (MBS) 79