Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    30924-30948 Grand River Ave Farmington, MI 48336

    For Sale
    $1,500,000

    Five-unit strip center on a hard corner, fully leased.

    Property size:
    4,624 SF
    Lot size:
    0.28 Acres

    Property Features for 30924-30948 Grand River Ave

    General Information

    Size
    4,624 SF
    Lot size
    0.28 Acres

    Source: Signature Associates Agent Marvin Petrous

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fully Leased Five-Unit Strip Center

    This property features a five-unit strip center situated on a hard corner. The property includes a parking lot. The strip center is fully leased. The property consists of parcel numbers 20-23-35-62-015, 20-23-35-102-004, and 20-23-35-102-005. The property is located at Grand River Ave 30924-30948, Farmington, MI and has a size of 4624 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3531747
    Latitude
    42.4553051

    Nearby Similar for Sale

    • $2,300,000
      28,148 SF

      Farmington Commercial Property with Two Buildings

      Two buildings on a 2.75-acre lot, ideal for manufacturing.
      31666 W 8 Mile Rd, Farmington, MI 48336
      View Details
    • $2,700,000
      9,588 SF

      Mixed-Use Property in Downtown Farmington

      Restaurant, apartments, and real estate for sale in Farmington, MI.
      32821 Grand River Ave, Farmington, MI 48336
      View Details
    • Contact for pricing
      74 SF

      Retail Space in Farmington Hills

      Retail space in Kroger-anchored shopping center at 11 Mile and Middlebelt.
      25938 Middlebelt Rd, Farmington, MI 48336
      View Details
    • $1,199,000

      Turnkey Restaurant in Downtown Farmington

      Fully equipped drive-through restaurant with strong brand recognition.
      32704 Grand River Ave, Farmington, MI 48336
      View Details
    • $349,900
      1,975 SF

      Turn-Key Restaurant Opportunity

      Renovated restaurant with furniture, fixtures, and equipment included.
      33518 W Jefferson Ave, Farmington, MI
      View Details
    • Contact for pricing
      33,789 SF

      Farmington Industrial Property For Sale

      Industrial property with quick access to major highways.
      37840 Interchange Dr, Farmington, MI 48335
      View Details

    FAQs

    What type of property is this?
    Strip mall - Five-unit strip center on a hard corner, fully leased.
    Where is this strip mall located?
    The property is located at 30924-30948 Grand River Ave Farmington, MI.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Fully Leased: Provides immediate income stream.; - Five-Unit Strip Center: Offers diversified tenant base and income potential.; - Hard Corner Location: Enjoy high visibility and accessibility for tenants.
    (248) 505-4400
    Request Owner's contact information
    30924-30948 Grand River Ave Farmington, MI 48336
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    30924-30948 Grand River Ave
    Farmington, MI 48336
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    30924-30948 Grand River Ave Farmington, MI 48336
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.