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    Property profile & analytics
    OFF-MARKET
    Office buildings

    21999 Farmington Rd, Farmington, MI 48336-4400

    6,765 SF 0.61 ac lot Built 1978
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US43-1029561
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1978
    Total area 6,765 SF
    Lot 0.61 ac (26,615 SF)
    Zoning code BI
    APN 22-23-33-229-060
    UPID US43-1029561
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • HomeWell Care Services Employment Agency
    • NBNA Systems inc. High School
    • Buckingham Community Services Employment Agency
    • Adobe Home Health Home Health Care Service
    • WIS International Computer & Electronic Repair (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Cedar Key Properties LLC
    Cedar Key Properties LLC
    since 2025
    Last sale
    $835,000
    5 recorded transactions
    2025
    $835,000
    2022
    $599,000
    2021
    $500,000
    2012
    2005
    Zoning & alternative use
    BI · Farmington, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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