Property profile

37840-37890 Interchange Dr Farmington Hills, MI 48331

OFF-MARKET
Warehouses
33,789 SF Built 1986
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Year built 1986
Total area 33,789 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

37840-37890 Interchange Dr Farmington Hills, MI 48331
Farmington Hills metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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