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Property profile

24387 Halsted Rd Farmington Hills, MI 48335

OFF-MARKET
Other industrial properties
Property ID
US43-1475301
42,748 SF 3.34 ac lot Built 1987
Last sale May 2017 · $2,442
Individually Owned Owner of record is an individual. 9-yr Hold Held for 9 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

The property is a flex and industrial facility totaling 12,272 square feet, located in Farmington Hills, Michigan. It is configured as adaptable space suitable for a variety of business operations.

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?
$59k
Tax billed · 2023
Assessed value · 2024$1.34M
Assessed land$230k
Assessed improvement$1.11M
Effective rate4.45%

Value estimate

· Oct 2026
$770k
$693k – $847k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$82/SF
Submarket average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$57 – $109
Qualifying comparables12

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 agency19.1
Hair Salon17.3
Dental Office17.2

Location

24387 Halsted Rd Farmington Hills, MI 48335-1615
County assessor Recorded deeds · 5 transfers 12 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
23944 Fwy Park, Farmington Hills, MI 48335-2816 $2,460,000 Jun 2023 35,548 SF
24505 Indoplex, Farmington Hills, MI 48335-9991 $3,250,000 Dec 2021 46,154 SF
24000 Research, Farmington Hills, MI 48335-2600 $3,100,000 Jun 2021 56,706 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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