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    23976 Fwy Park Dr Farmington, MI

    For Sale
    $2,100,000

    Industrial property with excellent freeway access and warehouse features.

    Property size:
    15,550 SF
    Lot size:
    1.45 Acres

    Property Features for 23976 Fwy Park Dr

    General Information

    Size
    15,550 SF
    Lot size
    1.45 Acres

    Source: Signature Associates Agent Gary Stephens

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

    Overview

    Freeway Park Drive Industrial Property

    This industrial property, located on Freeway Park Drive, offers 15,550 square feet of space suitable for warehouse, industrial, and manufacturing purposes. The property benefits from excellent freeway access to I-96, I-696, I-275, and M-5 via the Grand River/Halsted Interchange. The warehouse area includes two truckwells and one 12’x18’ overhead door. It is equipped with air conditioning, 480 volts with a transformer, and a fire suppression system. Additional features include crane rails, exhaust fans, side windows, and painted floors and walls. The office area can be reduced or reconfigured to suit specific needs.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

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

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

    Similar Places Nearby

    Extra Space Storage, Carbon Yard LLC, North American Van Lines, University Moving and Storage, Corrigan Moving Systems

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3763218
    Latitude
    42.4644795

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    FAQs

    What type of property is this?
    Warehouse - Industrial property with excellent freeway access and warehouse features.
    Where is this warehouse located?
    The property is located at 23976 Fwy Park Dr Farmington, MI.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - Excellent freeway access to I-96, I-696, I-275, and M-5.; - Warehouse includes two (2) truckwells.; - Office area can be reduced and/or reconfigured.
    (248) 761-4049
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    23976 Fwy Park Dr Farmington, MI
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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
    23976 Fwy Park Dr Farmington, MI
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