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    23933-23975 Research Dr Unit Farmington Hills, MI 48335

    • Warehouses
    • 6,750 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 23933-23975 Research Dr Unit

    Year built
    1985
    Property size
    6,750 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional 6,750-square-foot warehouse, located at 23933-23975 Research Drive, Farmington Hills, MI 48335, presents a fantastic leasing opportunity. Situated on a 0.73-acre lot, this single-tenant property boasts a 16-foot ceiling height, ideal for various industrial uses. Built in 1985, the warehouse is zoned LI-1 (Light Industrial) and features one loading dock, ensuring efficient loading and unloading operations. The entire 6,750 square feet is currently vacant, providing immediate occupancy for a new tenant. The property's address is 23933-23975 Research Drive, Unit #23959, within Oakland County, and its convenient location offers easy access to major transportation routes. The property's APN is 23-30-126-022. This is a rare opportunity to secure a well-maintained, single-tenant warehouse in a prime Farmington Hills location. The property's size and features make it suitable for a variety of light industrial businesses. Don't miss out on this chance to establish your business in a thriving area. Contact us today to schedule a viewing.

    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
    -83.4292
    Latitude
    42.4647

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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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