28575 Grand Riv Ave, Farmington Hills, MI 48336-5823
This exceptional mixed-use property, located at 28575 Grand River Avenue in Farmington Hills, Michigan, presents a unique investment opportunity. The property boasts a substantial 8,965 square foot retail space ideally suited for a variety of businesses. In addition to the retail area, a significant 11,003 square foot warehouse is included, providing ample storage or operational space. Three canopies, totaling an additional 7,131 square feet, offer further covered area, perfect for loading, unloading, or customer convenience. The property sits on a prime location with 434 feet of frontage on Grand River Avenue, ensuring high visibility and accessibility. Ample parking is available to accommodate both customers and employees. The B-3 General Business zoning allows for versatile use, making this property adaptable to a wide range of commercial ventures. The asking price for this exceptional property is $1,450,000. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving Michigan market. The combination of retail space, warehouse capacity, and prominent street frontage makes this an attractive investment for discerning buyers. The property's size and zoning provide significant flexibility for future development and expansion.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BI · Farmington Hills, MIFarmington Hills. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.