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Property profile

23460 Industrial Park Dr Farmington Hills, MI 48335

OFF-MARKET
Office buildings
Property ID
US43-1848729
12,072 SF 1.28 ac lot Built 1974
Last sale Jul 2019
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 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

A 12,000-square-foot corporate image flex facility located at 23460 Industrial Park Dr in Farmington Hills, Michigan, situated on 1.28 acres within a corporate image industrial park setting. The building includes 9,000 square feet of warehouse space and 3,000 square feet of office space, with a dedicated split configuration that separates warehouse operations from the office component to support a flexible internal layout. The facility was recently renovated and is configured to accommodate both warehouse and office uses within the same structure.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value · 2024$462k
Assessed land$92k
Assessed improvement$371k
Effective rate4.14%

Value estimate

· Nov 2026
$410k
$369k – $451k
CAP approach$680k
Submarket $/SF estimate$579k

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

Recently sold

What actually traded nearby?
$120/SF
Submarket average, outlier-cleaned · 65 recorded sales of this use type
Observed band · Q1–Q3$92 – $151
Qualifying comparables7

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?
II
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 agency28.6
Dental Office19.8
Hair Salon19.4

Location

23460 Industrial Park Dr Farmington Hills, MI 48335-2854
County assessor Recorded deeds · 2 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
33900 8th Mile, Farmington, MI 48335-5203 $1,250,000 Nov 2022 12,882 SF
36520 Grand Riv, Farmington, MI 48335-3014 $1,950,000 Jan 2022 18,616 SF
24125 Drake, Farmington Hills, MI 48335-3108 $1,195,000 Dec 2021 10,304 SF
33930 8th Mile, Farmington, MI 48335-5272 $900,000 Dec 2019 9,758 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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