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Financial
Distress signals
Property profile

28730 Grand River Ave Farmington Hills, MI 48336

FOR SALE
Other commercial real estate
Property ID
US43-1809836
480 SF 1.12 ac lot
Last sale Sep 2017 · $300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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28730 Grand River Ave, Farmington Hills, MI 48336 For Sale
$525,000 480 SF
28730 Grand River Ave, Farmington Hills, MI 48336
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Property summary

AI-generated overview

The property is a 21-unit mobile home park in Farmington Hills, configured and used as a mobile home community under existing zoning. It consists of landscaped, maintained grounds with individual utility hookups designed to support long-term residential occupancy within the park setting. The park is located in a well-connected area with convenient access to local shopping and dining, and it is positioned for straightforward travel to major highways. Walk-and-bike access characteristics indicate a primarily car-oriented layout for local errands and nearby services.

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.

Debts

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?
$8k
Tax billed · 2023
Assessed value · 2024$140k
Assessed land$97k
Assessed improvement$42k
Effective rate5.49%

Value estimate

· Oct 2026
$450k
$405k – $495k
AI approach$450k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$176/SF
County average, outlier-cleaned · 344 recorded sales of this use type
Observed band · Q1–Q3$119 – $256
Qualifying comparables3

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.6
Law Firm25.0
Dental Office14.4

Location

28730 Grand River Ave Farmington Hills, MI 48336
County assessor Recorded deeds · 3 transfers 3 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
23666 Orch Lk, Farmington Hills, MI 48336-2546 $3,500,000 Nov 2024 19,636 SF
21100 Osmus, Farmington Hills, MI 48336-5206 $895,000 Nov 2018 33,327 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?”
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