Property profile

37849 Interchange Dr Farmington, MI 48335

OFF-MARKET
Warehouses
66,036 SF 9.55 ac lot Built 1986
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Property summary

AI-generated overview

This exceptional 66,036 square foot industrial property, located at 37849 Interchange Dr in Farmington Hills, Michigan, presents a unique investment opportunity. The single-story, 1986-built building sits on a 9.55-acre lot and is zoned IRO. The property is currently multi-tenant, offering flexibility for various uses. A significant portion of the space (16,863 sq ft) is available in "white box" condition, featuring one shared truckwell, two overhead doors, and a 20-foot clearance in the warehouse area. This section also includes a backup generator. A corner suite within this area boasts ample window space. The entire building is also available for sale, encompassing two existing tenants: Patterson Dental and JST. The property's diverse configuration, encompassing flex, R&D, and warehouse space, caters to a wide range of business needs. Its prime location in Oakland County, Michigan, offers excellent access to major transportation routes and a thriving business community. This is an ideal opportunity for investors seeking a multi-tenant industrial property with significant potential for growth and diversification. The property's size, features, and location make it a highly attractive investment prospect.

Property profile

Verified
Property type Warehouses
Year built 1986
Total area 66,036 SF
Lot 9.55 ac (415,998 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Business Service Center Corporate Office

Location

37849 Interchange Dr Farmington, MI 48335
Farmington 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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