29033 Grand River Ave, Farmington Hills, MI 48336
For Sale
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This exceptional 1.1-acre commercial land parcel, located at 29033 Grand River Avenue in Farmington Hills, Michigan, presents a unique investment opportunity. Zoned B-3, this property boasts 101 feet of prime Grand River frontage, ensuring high visibility and accessibility. Previously developed and serviced with city water and sewer, the site is development-ready, featuring one existing curb cut. The property's strategic location on Grand River Avenue, a high-traffic corridor with 35,000 vehicles passing daily, positions it ideally for a variety of commercial uses. Approved plans allow for apartments or commercial development, including drive-thru options, making it suitable for a range of businesses. Significant incentives are available through the Corridor Improvement Authority, further enhancing the return on investment. The parcel's APN is 22-23-36-306-013, and it's situated in Oakland County, Michigan, zip code 48336. All utilities are readily available on-site, minimizing development hurdles and accelerating project timelines. This prime location in the bustling "Auto Row" area offers unparalleled potential for significant growth and profitability. Don't miss this chance to acquire a highly desirable commercial development site in a thriving Michigan market.
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.