Property profile

27400 12 Mile Rd Farmington Hills, MI 48334

OFF-MARKET
Land
Property ID
US43-1009765
31.53 ac lot
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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 Land
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

Location

27400 12 Mile Rd Farmington Hills, MI 48334
Farmington Hills metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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