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    23430-23434 Industrial Park Ct Farmington Hills, MI 48335

    • Warehouses
    • 12,000 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 23430-23434 Industrial Park Ct

    Year built
    1968
    Property size
    12,000 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional Farmington Hills industrial property, located at 23430-23434 Industrial Park Ct, offers 6,500 square feet of versatile space within the Freeway Industrial Park. Situated on a 0.9-acre lot in the desirable Farmington/Farm Hills submarket of Oakland County, Michigan, this light industrial zoned property (APN 23-30-276-037) presents a unique opportunity. Built in 1968 and extensively renovated in 2019, the building boasts a 14-foot ceiling height, ideal for various manufacturing or warehousing needs. The space includes one loading dock, one dock-high door, and one drive-in door, ensuring efficient loading and unloading. Ample parking is provided with 34 total spaces. While currently configured with approximately two-thirds office space, the layout is easily adaptable to suit diverse operational requirements. This property is part of a larger 12,000 square foot multi-tenant building. The zip code is 48335.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Farmington Hills
    County
    Oakland
    State
    Michigan
    Longitude
    -83.419
    Latitude
    42.4631

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      25,244 SF

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    • Value Estimation
      $415,000
      14,400 SF

      24800 Industrial Dr

      DISTRIBUTION WAREHOUSE • 14,400 SF
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    Similar Nearby for Lease

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    Farmington Hills, MI 48335
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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
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