Property profile

33409 Grand Riv Ave Farmington, MI 48335

OFF-MARKET
Retail space
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Property ID
US43-1253303
5,682 SF 0.23 ac Built 1933
Last sale Aug 2022·$650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 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

Property summary

AI-generated overview

This mixed-use property is located in downtown Farmington along Grand River Avenue and consists of two parcels on Grand River Avenue. The building supports a combination of office, retail, service, and entertainment/leisure uses, with tenant-occupied spaces that have included a real estate office and salon services, as well as a bar/entertainment space with an associated liquor license. The structure is two stories and includes two 1,000 sq. ft. spaces, with additional finished suites in the…

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?
$17k
Tax billed · 2023
Assessed value · 2024$269k
Effective rate6.41%

Value estimate

· Nov 2026
$890k
$801k – $979k
CAP approach$940k
Submarket $/SF estimate$997k

Realmo valuation models over county records and 32 qualifying comparable sales.

Recently sold

What actually traded nearby?
$233/SF
Submarket average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$91 – $408
Qualifying comparables32

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?
CBD
General categoryCOMMERCIAL
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 agency15.9
Law Firm13.5
HVAC Service13.4

Location

33409 Grand Riv Ave Farmington, MI 48335-3521
County assessor Recorded deeds · 3 transfers 32 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

2 recorded sales · 12 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
24385 Halsted, Farmington Hills, MI 48335-1609 $1,159,000 Sep 2021 15,586 SF
38350 10th Mile, Farmington, MI 48335-2804 $595,000 Dec 2020 4,458 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

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