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    29447 Frd Rd Garden City, MI 48135-2319
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    Property profile & analytics

    29447 Frd Rd, Garden City, MI 48135-2319

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    • Commercial real estate
    • 1.38 lot acres
    Off-Market
    Last Sale Feb 18, 2025
    $2,600,000
    Property ID
    US43-0009406
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,600,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • CDReload - Online Bitcoin ATM / Crypto Atm / Atm
    • Rite Aid / Pharmacy
    • Rite Aid Pharmacy / Pharmacy
    • higi / Physician
    • Western Union / Bank / Credit Union

    Property Details for 29447 Frd Rd

    Lot size
    1.38 lot acres
    Property type
    Commercial real estate
    APN
    35 016 01 0029 307
    APU
    35016010029307

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 4, 2022 $2,900,000 Mip Capital LLC 29447 Ford Road LLC Warranty Deed $1.7M · City National Bank Of Florida

    Description

    This exceptional 11,201-square-foot retail property, located at 29447 Ford Rd, Garden City, MI 48135, presents a unique investment opportunity. The single-tenant building, formerly a Rite Aid, sits on a sizable 1.37-acre lot and boasts a convenient location with excellent visibility. Constructed in 2000, the Class C building is zoned CBD, offering significant potential for redevelopment or continued use as a retail space. The property features ample space for various retail uses, given its prior use as a drugstore. The address is easily accessible, situated near the intersection of Ford Road and Middlebelt Road, ensuring high traffic flow and strong visibility for any business. The absence of elevators is noted, but the single-story layout offers easy access and navigation. This property is an ideal investment for those seeking a well-located, sizable retail space in a thriving Michigan community. The substantial lot size provides ample room for expansion or future development, making it a versatile asset with significant long-term potential. The property's history as a successful drugstore demonstrates its suitability for retail operations, while the CBD zoning opens doors to a variety of potential uses. This is a rare opportunity to acquire a significant retail property in a prime Garden City location.


    Value Estimations

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    • AI approach

    • CAP approach

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    Location Insight

    • Map
    • Local Demand
    City
    Garden City
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3321
    Latitude
    42.325
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $0.00
    $0.00
    $550,800
    -
    $0.00
    $0.00
    $1,101,600
    More about this property
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