Financial
Distress signals
Property profile

32969 Hamilton Ct Farmington Hills, MI 48334

FOR SALE
Office buildings
Property ID
US43-0855182
40,768 SF 2.42 ac lot Built 1972
Last sale Jul 2022 · $2,550,000
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.
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Property summary

AI-generated overview

Quakertown Plaza consists of two three-story office buildings totaling approximately 63,807 square feet, located off West 12 Mile Road in Farmington Hills with access to I-696. The site is situated within a Metro Detroit office corridor and is positioned among corporate neighbors including First Merchants Bank Headquarters and multiple hotels, with walkable access to restaurants, cafés, and daily conveniences. The buildings include multiple office spaces across three levels and are configured

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.

Mortgages

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?
$91k
Tax billed · 2023
Assessed value · 2024$1.19M
Assessed land$285k
Assessed improvement$901k
Effective rate7.65%

Value estimate

· Sep 2026
$2.65M
$2.39M – $2.92M
AI approach$2.75M
CAP approach$2.31M
Submarket $/SF estimate$3.08M
NOI build-up
Gross scheduled income$383k
Vacancy & credit loss−$90k
Operating expenses−$73k
NOI · 54.91% cap applied$220k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$117/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$76 – $144

Cap rate analysis

How does the asset earn?
54.91%
$220k 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?
BI
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility9.6
Laundry Service8.6
Furniture Store8.4

Location

32969 Hamilton Ct Farmington Hills, MI 48334
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file 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
31500 13th Mile, Farmington Hills, MI 48334-2164 $2,000,000 Aug 2023 45,838 SF
28501 Orch Lk, Farmington Hills, MI 48334-2951 $2,500,000 Mar 2022 26,466 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?”
More about this property
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