Property profile

23350 Commerce Dr Farmington Hills, MI 48335

OFF-MARKET
Manufacturing properties
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Property ID
US43-0273036
23,872 SF 1.66 ac Built 1980
Last sale Jan 2021·$2,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$41k
Tax billed · 2023
Assessed value · 2024$872k
Assessed land$120k
Assessed improvement$753k
Effective rate4.74%

Value estimate

· Nov 2026
$2.53M
$2.27M – $2.78M
AI approach$2.70M
CAP approach$1.82M
Submarket $/SF estimate$1.98M

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$82/SF
Submarket average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$57 – $109
Qualifying comparables14

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?
II
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency29.4
Dental Office24.0
Hair Salon22.8

Location

23350 Commerce Dr Farmington Hills, MI 48335-2726
County assessor Recorded deeds · 8 transfers 14 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
24505 Indoplex, Farmington Hills, MI 48335-9991 $3,250,000 Dec 2021 46,154 SF
24000 Research, Farmington Hills, MI 48335-2600 $3,100,000 Jun 2021 56,706 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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