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    OFF-MARKET
    Commercial real estate

    27400 12 Mile Rd, Farmington Hills, MI 48334

    31.53 ac lot
    Property ID
    US43-1009765
    Property summary
    AI-generated overview

    This exceptional 31.53-acre commercial land parcel presents a unique redevelopment opportunity in Farmington Hills, Michigan. Located at 27400 W. Twelve Mile Road, the property boasts significant frontage on both Twelve Mile Road (1,050 feet) and Inkster Road (1,670 feet). Currently zoned RA-1B, the site offers approximately 16 buildable acres. The property's history includes the former Sarah Fisher Center, consisting of 16 buildings totaling 110,240 square feet, all slated for demolition except for a chapel which must be incorporated into any future development plans. The land features sloping terrain and requires City of Farmington Hills approval for all future development projects. The asking price is $2,000,000, translating to $125,000 per acre. This prime location in Oakland County, with its convenient access and substantial acreage, makes it an ideal investment for large-scale commercial development. The property's address is 27400 W. 12 Mile Rd, Farmington Hills, MI 48334. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a significant land holding in a desirable location with high development potential.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 31.53 ac (1,373,447 SF)
    UPID US43-1009765
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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