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Property summary
This Farmington Hills, MI industrial property, located at 24450 Indoplex Cir, offers 28,641 square feet of space in a single-tenant building. Situated on 1.51 acres, this property boasts a 16-foot ceiling height and features both manufacturing and warehouse space. Built in 1973 and renovated in 2019, the building includes 3,700 square feet of main floor office space, plus an additional 2,000 square feet of mezzanine office space with an open layout and a conference room. The warehouse area,… approximately 25,000 square feet, is divided into several sections and benefits from ample natural light provided by more than ten skylights. Loading capabilities include one dock-high door and three drive-in doors. The property also features a 1000-amp, 240V power supply, two 7.5-ton cranes, a backup generator, and 45 total parking spaces. The building has an 180-foot frontage on Grand River, near Drake, and is zoned for industrial use. The property's APN is 22-23-21-303-025. The annual property taxes are $19,208. This exceptional property presents a unique opportunity for businesses seeking a well-maintained and versatile industrial space in a prime Farmington Hills location.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records and 13 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 27,090 SF
- Lot area
- 1.51 ac
- Year built
- 1973
- Stories
- 1
- APN
- 22-23-21-303-025
- Zoning
- II
- Assessed value · 2024
- $696,190
- Annual tax · 2023
- $20,150
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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