Property profile

29600 Grand Riv Ave Farmington, MI 48336

OFF-MARKET
Showrooms
Property ID
US43-1525087
6,287 SF 0.22 ac lot Built 1928
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents two warehouse units totaling 6,287 square feet, situated on a 0.22-acre lot at 29600 & 29650 Grand River Avenue in Farmington Hills, Michigan, 48336. The property boasts a prime location on a highly trafficked thoroughfare and benefits from B-3 zoning. Built in 1928, the building underwent significant improvements, including a complete roof replacement in 2017 at a cost of $43,488. The warehouse space exceeds 2,500 square feet and features two overhead doors, one measuring approximately 14 feet in height. The property also includes valuable amenities such as 3-phase 480-volt power, a commercial kitchen with a hood, and a substantial upstairs office space (over 600 square feet) complete with a bathroom and shower. Each unit is priced at $212,500, with a total asking price of $425,000. The property's parcel number is 222335277038. All information is estimated and should be independently verified. This is a rare chance to acquire a well-maintained, versatile industrial property in a desirable location. Don't miss this opportunity to own a piece of Farmington Hills' thriving commercial landscape.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1928
Total area 6,287 SF
Lot 0.22 ac (9,496 SF)
Zoning code BI
APN 22-23-35-277-038
UPID US43-1525087

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

29600 Grand Riv Ave Farmington, MI 48336
Farmington metro Census 167400 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2025
Last sale
$350,000
3 recorded transactions
2025
$350,000
2013
Price N/A
2004
Price N/A

Zoning & alternative use

BI · Farmington, MI

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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