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    29950 12 Mile Rd Farmington Hills, MI 48334

    Sponsored
    For Lease
    $12 SF/Yr

    Prime Retail/Restaurant Space Available

    Lot size:
    20,095 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Bella Vino Plaza, located at 29950 W 12 Mile Rd in Farmington Hills, Michigan, presents a unique opportunity for discerning businesses. This multi-tenant commercial property boasts a total of 20,095 square feet, with 4,700 square feet currently available for lease. The property is ideally situated in Oakland County, offering excellent visibility and accessibility. The spacious layout is perfect for a variety of retail or restaurant concepts. Ample parking is provided with 80 spaces available for customers and employees. The building's prime location in Farmington Hills, Michigan, ensures high foot traffic and easy access to major roadways, making it an attractive location for businesses seeking strong visibility and convenient access for their clientele. The 4,700 square foot vacant space offers a blank canvas for customization, allowing businesses to design their ideal space to meet their specific needs. This is an exceptional opportunity to establish a thriving business in a vibrant and well-established commercial center. The property's strategic location within Oakland County, combined with its ample parking and versatile space, makes it an ideal investment for long-term growth and success. Contact us today to learn more about leasing this exceptional space. The zip code is 48334.

    Property Features for 29950 12 Mile Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,095 SF
    Total Rate
    20095

    Unit(s) available at that property

    Space
    Available Spaces
    Size
    4,700 SF
    Rate per SF
    $16

    HighLights

    • Neighborhood shopping center on Twelve Mile Road, between Orchard Lake and Middlebelt Roads.
    • Recently renovated with a new façade and expanded rear parking lot.
    • Convenient access to I‑696.
    • Strong demographics ideal for service retailers and medical offices.
    • Existing tenants include Bella Vino, Papa's Pizza & BBQ, Gravity Dance Center, Farmhouse Coffee, and Thai Spa.
    • Across the street from the Hawk‑Farmington Hills Community Center, offering extensive recreational facilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Farmington Hills
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3459615
    Latitude
    42.4997973

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail/Restaurant Space Available
    Where is this restaurant located?
    The property is located at 29950 12 Mile Rd Farmington Hills, MI.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Neighborhood shopping center on Twelve Mile Road, between Orchard Lake and Middlebelt Roads.; Recently renovated with a new façade and expanded rear parking lot.; Convenient access to I-696.
    Request Owner's contact information
    29950 12 Mile Rd Farmington Hills, MI 48334
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    Farmington Hills, MI 48334
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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
    29950 12 Mile Rd Farmington Hills, MI 48334
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