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    Property profile & analytics

    24316 Indoplex Cir Farmington Hills, MI 48335-2524

    • Manufacturing properties
    • 15,000 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $465,000
    Last Sale
    Aug 26, 2020
    Location Intelligence
    Property ID
    US43-1466952
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 24316 Indoplex Cir

    Year built
    1973
    Lot size
    1.00 lot acres
    Property size
    15,000 SF
    Zone code
    II
    Property type
    Manufacturing properties
    APN
    22-23-21-376-012
    APU
    222321376012

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Farmington Hills
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3909
    Latitude
    42.4714
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,341
    $65,290
    $356,100
    $421,390
    -
    $130,580
    $712,200
    $842,780

    Comparable in this City

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      23400 Haggerty Rd

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      23409 Industrial Park Ct

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      24775 Hathaway St

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      $550,000
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      24115 Industrial Park Dr

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      24115 Industrial Park Dr, Farmington Hills, MI 48335-2864
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    • Value Estimation
      $525,000
      15,897 SF

      23035 Commerce Dr

      MANUFACTURING (LIGHT) • 15,897 SF
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    Similar Nearby for Sale

    • $1,704,000
      14,200 SF

      Warehouse with Truckwell For Sale

      Well-maintained 14,200 sq ft warehouse with truckwell in Farmington Hills.
      24380 Indoplex Cir, Farmington Hills, MI 48335
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    • $1,537,500
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    Similar Nearby for Lease

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      Farmington Warehouse Space for Lease

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    • $8 SF/Yr
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      Farmington Hills Warehouse Space

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    • $9 SF/Yr
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      Farmington Hills Warehouse Space

      Industrial Warehouse: 3,565 SF Available
      24285 Indoplex Cir, Farmington Hills, MI 48335
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    • Contact for pricing
      35,909 SF

      Farmington Hills Flex/Industrial Space

      Flex/industrial spaces available for lease in Farmington Hills, Michigan.
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    24316 Indoplex Cir
    Farmington Hills, MI 48335-2524
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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