Financial
Distress signals
Property profile

34034 8th Mile Rd Farmington, MI 48335

OFF-MARKET
Office buildings
Property ID
US43-1816906
6,638 SF 0.76 ac lot Built 1988
Last sale Sep 2025 · $925,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an office building located on Eight Mile Road in Farmington, Michigan at 34034 Eight Mile W (48335). It is configured for flexible occupancy suitable for professional office use and other commercial applications. The site is positioned along Eight Mile Road with exposure to reported daily traffic counts of 28,815 and is located within minutes of I-275, providing access to a regional highway corridor.

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?
$14k
Tax billed · 2023
Assessed value · 2024$324k
Assessed land$91k
Assessed improvement$233k
Effective rate4.28%

Value estimate

· Sep 2026
$325k
$293k – $358k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$120/SF
Submarket average, outlier-cleaned · 65 recorded sales of this use type
Observed band · Q1–Q3$92 – $151
Qualifying comparables7

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm23.4
Realty agency20.3
Restaurant13.4

Location

34034 8th Mile Rd Farmington, MI 48335-5222
County assessor Recorded deeds · 3 transfers 7 qualifying comp sales 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
23629 Liberty, Farmington, MI 48335-3568 $735,000 Dec 2025 4,320 SF
33425 Grand Riv, Farmington, MI 48335-3567 $650,000 Aug 2022 4,354 SF
24125 Drake, Farmington Hills, MI 48335-3108 $1,195,000 Dec 2021 10,304 SF
33730 Freedom, Farmington, MI 48335-4718 $975,000 Aug 2021 6,125 SF
33930 8th Mile, Farmington, MI 48335-5272 $900,000 Dec 2019 9,758 SF
33505 State St, Farmington, MI 48335-3573 $385,000 Aug 2019 4,560 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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