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    31030-31036 Grand River Ave Farmington, MI 48336

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    For Sale
    Contact for pricing

    Two-unit retail building on busy Grand River Avenue corridor.

    Property size:
    2,824 SF
    Lot size:
    0.32 Acres

    Property Features for 31030-31036 Grand River Ave

    General Information

    Size
    2,824 SF
    Lot size
    0.32 Acres

    Source: Signature Associates Agent Marvin Petrous

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

    Overview

    Retail Building on Grand River

    This property features a two-unit building totaling 2,824 square feet. The building is located along the busy Grand River Avenue corridor and is zoned C-2, making it suitable for various retail uses. The units, 31030 and 31036, measure 1,284 square feet and 1,540 square feet respectively. The property is located in Farmington, MI. Taxes for unit 31030 are $3,037.02 and for unit 31036 are $4,361.28. The units can be sold separately.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -83.3544318
    Latitude
    42.4558365

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    FAQs

    What type of property is this?
    Retail space - Two-unit retail building on busy Grand River Avenue corridor.
    Where is this retail space located?
    The property is located at 31030-31036 Grand River Ave Farmington, MI.
    What are key features of this property?
    This property features: - Two units totaling 2,824 sq. ft. offer flexibility (1,284 sq. ft. & 1,540 sq. ft.).; - Located on busy Grand River Avenue corridor.; - Zoned C-2, suitable for many retail uses.
    (248) 505-4400
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    31030-31036 Grand River Ave Farmington, MI 48336
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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
    31030-31036 Grand River Ave Farmington, MI 48336
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