Realmo Analytics

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Financial
Distress signals
Property profile

32315 Grand River Ave Farmington, MI 48334

FOR LEASE
Retail space
Property ID
US43-0182682
11,736 SF 0.85 ac lot Built 1946
Last sale Jul 1999 · $760,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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?
$16k
Tax billed · 2023
Assessed value · 2024$431k
Effective rate3.67%

Value estimate

· Oct 2026
$735k
$662k – $809k
Submarket $/SF estimate$2.02M
NOI build-up
Gross scheduled income$197k
Vacancy & credit loss−$17k
Operating expenses−$54k
NOI · 631,420.00% cap applied$126k

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

Recently sold

What actually traded nearby?
$245/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$79 – $378
Qualifying comparables7

Cap rate analysis

How does the asset earn?
631,420.00%
$126k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C2
General categoryCOMMERCIAL
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery9.5
Smoke and Vape Shop9.2
Parking Facility8.9

Location

32315 Grand River Ave Farmington, MI 48334
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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
22145 Farmington, Farmington, MI 48336-4011 $1,200,000 Oct 2024 3,740 SF
30749 Grand Riv, Farmington, MI 48336-4320 $1,500,000 Jul 2023 4,005 SF
33316 Grand Riv, Farmington, MI 48336-6404 $975,000 Dec 2022 5,460 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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