Financial
Distress signals
Property profile

31500 13 Mile Rd Farmington Hills, MI 48334

FOR SALE
Office buildings
View Listing
Property ID
US43-1110307
45,838 SF 4.11 ac lot Built 1929
Last sale Aug 2023 · $2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 46,468 square foot executive office building, located at 31500 13 Mile Road in Farmington Hills, Michigan (zip code 48334), presents a rare opportunity for owner-users or value-add investors. The property boasts a multi-tenant configuration, offering suites ranging in size from 315 square feet to 12,191 square feet, providing flexibility for various business needs. Its prime location in Oakland County offers convenient access to major freeways, ensuring easy commutes for

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$116k
Tax billed · 2023
Assessed value · 2024$958k
Assessed land$468k
Assessed improvement$491k
Effective rate12.09%

Value estimate

· Sep 2026
$1.90M
$1.71M – $2.09M
AI approach$2.21M
CAP approach$2.59M
Submarket $/SF estimate$1.37M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$117/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$76 – $144

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BI
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.7
Garden Center9.9
Locksmith8.9

Location

31500 13 Mile Rd Farmington Hills, MI 48334
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
32969 Hamilton, Farmington Hills, MI 48334-3351 $2,550,000 Jul 2022 40,768 SF
28501 Orch Lk, Farmington Hills, MI 48334-2951 $2,500,000 Mar 2022 26,466 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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