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

    23933-23973 Research Dr Farmington, MI

    For Lease
    $8 SF/Yr ($4,781 /Mo)

    Industrial property with freeway visibility and monument signage available.

    Property size:
    6,750 SF
    Lot size:
    0.73 Acres

    Property Features for 23933-23973 Research Dr

    General Information

    Size
    6,750 SF
    Lot size
    0.73 Acres

    Source: CBRE | Detroit Agent Philip Sprague

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

    Overview

    Industrial Space For Lease

    This industrial property, zoned LI-1 for Light Industrial use, is available for lease. Situated on 2.73 acres, the property offers freeway visibility and monument signage opportunities. The space is professionally managed. The expense estimate is $2.50 per square foot. The property size is 6,750 square feet.
    Location Intelligence

    Current Use by Public Records

    Industrial 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.

    Location Insight

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

    Nearby Similar for Lease

    • $9,999 /Mo
      7,807 SF

      Farmington Hills Brick Office Building

      7,807 sq ft office building on high-traffic 8 Mile Road.
      33466 W 8 Mile Rd, Farmington, MI 48335
      View Details
    • $18 SF/Yr
      5,091 SF

      Medical/Dental Office Space Available

      New medical/dental office space in Farmington Hills, move-in ready.
      21111 Middlebelt Rd, Farmington, MI 48336
      View Details
    • $1,200 /Mo
      1,200 SF

      Farmington Commercial Space For Lease

      Office or retail space in high-traffic area, $1,200/month NNN.
      24062 Orchard Lake Rd, Farmington, MI 48336
      View Details
    • $2,000 /Mo
      43,000 SF

      High-Traffic Commercial Property in Farmington

      Freestanding commercial property in high-traffic area, suitable for various uses.
      31154 Grand River Ave, Farmington, MI 48336
      View Details
    • $22 SF/Yr
      2,076 SF

      Modern Office Space Available

      Customizable office space with modern amenities and convenient location.
      37000 Grand River Ave, Farmington, MI 48335
      View Details
    • $16 SF/Yr
      10,000 SF

      Drakeshire Plaza Retail Opportunity

      Grand River Ave. Shopping Center - 6 Spaces Available
      35103 Grand River Ave, Farmington, MI 48335
      View Details

    FAQs

    What type of property is this?
    Industrial property - Industrial property with freeway visibility and monument signage available.
    Where is this industrial property located?
    The property is located at 23933-23973 Research Dr Farmington, MI.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Situated on 2.73 Acres; - Freeway Visibility; - Zoned LI-1, Light Industrial
    (248) 351-2032
    Request Owner's contact information
    23933-23973 Research Dr Farmington, MI
    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.
    23933-23973 Research Dr
    Farmington, MI
    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
    23933-23973 Research Dr Farmington, MI
    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.