21999 Farmington Rd, Farmington, MI 48336-4400
This exceptional income-generating industrial property, located at 21999 FARMINGTON in Farmington, MI, offers a total of 6,765 square feet on a 0.61-acre lot. The property comprises seven individual units, each designed to maximize functionality and efficiency. Several units include convenient amenities such as kitchenettes and half bathrooms, enhancing their appeal to a wide range of tenants. A shared reception office and conference room are also available, providing valuable common areas for tenants' use. Two unisex half bathrooms are conveniently located in the main hallway for shared access. The building features two staircases providing access to a sizable finished basement, which includes an additional half bathroom. This well-maintained property presents a significant investment opportunity with strong potential for rental income. The strategic location in Farmington, MI, offers excellent accessibility and visibility, making it an attractive option for businesses seeking a productive and well-equipped workspace. The property's size and layout are ideal for a variety of industrial uses, offering flexibility and adaptability to meet diverse tenant needs. Priced at $879,900, this property represents a compelling investment opportunity in a thriving market.
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HomeWell Care Services Employment Agency
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NBNA Systems inc. High School
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Buckingham Community Services Employment Agency
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Adobe Home Health Home Health Care Service
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WIS International Computer & Electronic Repair (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BI · Farmington, MIFarmington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.