37840-37890 Interchange Dr Farmington Hills, MI 48331
This Farmington Hills, MI industrial property, located at 37840-37890 Interchange Dr (cross street: Halsted Rd), offers 15,132 square feet of flexible space within a larger 33,789 square foot building on a 2.71-acre lot. The single-story building, constructed in 1986, features an 18' ceiling height, one dock-high door, and ample parking with 121 spaces. The property is zoned IRO and boasts convenient access to major freeways including I-696, I-96, I-275, and M-5. The space includes two knock-out panels for potential additional 12'x14' overhead doors, an inground scissor lift, and a large Generac generator. The existing office area is adaptable to tenant needs. The lease rate is market-based, contingent upon improvements, lease term, and tenant creditworthiness. The sale price is negotiable. The property's APN is 23-19-253-013. This versatile space is ideal for flex, warehouse, or R&D operations.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.