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Property profile & analytics

29505 9 Mile Rd Farmington Hills, MI 48336

  • Strip malls
  • 14,224 SF
  • 1.59 lot acres
Value Estimation
$435,000
Location Intelligence
Property ID
US43-1850964
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Strip malls

Property Details for 29505 9 Mile Rd

Year built
1975
Lot size
1.59 lot acres
Property size
14,224 SF
Zone code
BI
Property type
Strip malls
Property subtype
Neighborhood centers
APN
22-23-35-227-007
APU
222335227007

Description

This exceptional retail space, located at 29505-29541 W Nine Mile Rd in Farmington Hills, Michigan 48336, offers 1,200 square feet of versatile space within a Class B, single-story strip center. The property boasts a total of 100 parking spaces, ensuring ample convenience for customers. Built in 2016 and renovated in the same year, the building is well-maintained and ready for immediate occupancy. The space is currently configured as an Herbalife Juice Bar, with all fixtures, furniture, and equipment (FFE) included, presenting a turnkey opportunity for a similar business or a creative entrepreneur seeking a move-in ready solution. The zoning is designated as Retail, and the property is conveniently located near the intersection of W Nine Mile Rd and Middlebelt Rd, providing excellent visibility and accessibility. The minimum divisible space is 1,200 square feet, and the maximum contiguous space available is also 1,200 square feet. This presents a unique opportunity for a single tenant to occupy the entire available space. The property consists of one building with a total of one suite. Serious inquiries are encouraged to explore this exceptional retail opportunity.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $400,000
  • CAP approach

    CAP return
    Estimation
    6%
    $450,000
    6.5%
    $460,000
    7%
    $460,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $435,000
    Geo Method
    $430,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $480,000
    Retail
    $500,000
    Mixed-Use
    $415,000
    Hospitality
    $535,000
    Educational
    $485,000
    Residential Income
    $445,000
    Energy
    $555,000
    Income-Based Land
    $490,000
    Food Service
    $425,000

Location Insight

  • Map
  • Local Demand
City
Farmington Hills
County
Oakland
State
Michigan
Longitude
-83.3384
Latitude
42.4557
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$24,648
$221,010
$397,450
$618,460
-
$442,020
$794,900
$1,236,920
More about this property
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