29600 Grand Riv Ave, Farmington, MI 48336
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.
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, MIFarmington. 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.