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

    31200 Grand River Ave Farmington, MI 48336

    Sponsored
    For Sale
    $100,000

    0.25-acre C-2 zoned lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 0.25-acre commercial land parcel, located at 31200 Grand River Avenue in Farmington, Michigan (Oakland County, zip code 48336), presents a unique investment opportunity. The property, identified by APN 23-26-355-020, is zoned C-2, allowing for a variety of mixed-use developments. Priced at $100,000, this translates to a land value of $9.18 per square foot. All utilities are conveniently available on-site, simplifying the development process and minimizing upfront infrastructure costs. The property's strategic location on Grand River Avenue offers excellent visibility and accessibility, making it an attractive site for businesses seeking high foot traffic and convenient access for customers. This is a prime opportunity for developers and investors looking to capitalize on the growing commercial landscape in Farmington. The 0.25-acre lot provides ample space for a variety of commercial ventures, from retail establishments to restaurants and professional offices. Don't miss this chance to acquire a well-situated and versatile commercial property in a thriving Michigan community.

    Property Features for 31200 Grand River Ave

    General Information

    Property type
    Land
    Lot Size
    10,890 SF

    HighLights

    • 0.25‑acre commercial lot available.
    • C‑2 zoning allows for mixed‑use development.
    • All utilities are available on‑site.
    • Ideal for new mixed‑use development.
    • $100,000 sale price ($9.18/sq.ft.).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -83.355359
    Latitude
    42.456331

    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 Eight 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
    • $2,100,000
      15,550 SF

      Freeway Park Drive Industrial Property

      Industrial property with excellent freeway access and warehouse features.
      23976 Fwy Park Dr, Farmington, MI
      View Details
    • Contact for pricing
      9,800 SF

      Freestanding Flex Building For Sale

      Freestanding flex building with excellent freeway access and signage.
      37655 Interchange Dr, Farmington, MI 48335
      View Details
    • Contact for pricing
      16,284 SF

      Farmington Hills Flex/Industrial/Office Space

      Flex, industrial, and office space with freeway access in Farmington Hills.
      37483 Interchange Dr, Farmington, MI 48335
      View Details
    • Contact for pricing
      50 SF

      Downtown Farmington Retail Opportunity

      Retail space available in historic downtown Farmington building.
      33335 Grand River Ave, Farmington, MI 48335
      View Details
    • Contact for pricing
      96 SF

      Retail Center Anchored by Fresh Thyme

      Shopping center with national and local tenants at major intersection.
      33181 Farmington Rd, Farmington, MI 48336
      View Details
    • Contact for pricing
      2,824 SF

      Retail Building on Grand River

      Two-unit retail building on busy Grand River Avenue corridor.
      31030-31036 Grand River Ave, Farmington, MI 48336
      View Details

    FAQs

    What type of property is this?
    Land - 0.25-acre C-2 zoned lot, ideal for development.
    Where is this land located?
    The property is located at 31200 Grand River Ave Farmington, MI.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: 0.25-acre commercial lot available.; C-2 zoning allows for mixed-use development.; All utilities are available on-site.
    (248) 359-0647
    Request Owner's contact information
    31200 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.
    31200 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
    31200 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.