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    000 Lake Way Farmington, MI 48335

    Sponsored
    For Sale
    $90,000

    Vacant Land - Farmington, MI

    Lot size:
    0.37 Acres
    Days on Market:
    140
    Last Refresh:
    Jan 7 at 12:06 am

    Property Features for 000 Lake Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    2327403140
    Lot size
    0.37 Acres

    Building Details

    Architectural style
    Other

    Coldwell Banker Preferred Realtors (734) 459-6000 [email protected]

    Listing agent Michael H Cutsinger (734) 459-6000

    Listing date Aug 21, 2025

    MLS# 20251029578 Listing URL

    Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Build-Ready Lot in Farmington

    This 0.37-acre vacant land is a cleared and level lot suitable for building a custom home. Zoned R1P and equipped with utilities, the property is ready for immediate development. It is located near Historic Downtown Farmington, offering a walkable neighborhood close to schools, parks, restaurants, shopping, and farmers markets. Several large trees have already been removed. There are no HOA fees.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3602914
    Latitude
    42.4606058

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    FAQs

    What type of property is this?
    Land - Cleared, level lot ready for immediate development near downtown Farmington.
    Where is this land located?
    The property is located at 000 Lake Way Farmington, MI.
    What is the asking price?
    The asking price for this property is $90,000.
    What are key features of this property?
    This property features: - Build-Ready Cleared and Level Lot: Saves time and money.; - Prime Location Near Historic Downtown Farmington: Walk to restaurants, shopping, and farmers markets.; - Zoned R1P with Utilities Ready: Facilitates immediate development.
    (734) 637-0859
    Request Owner's contact information
    000 Lake Way Farmington, MI 48335
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    Farmington, MI 48335
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    000 Lake Way Farmington, MI 48335
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