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    OFF-MARKET
    Auto shops

    29820 9th Mile Rd, Farmington Hills, MI 48336-4808

    3,147 SF 0.4 ac lot Built 1950
    Individually Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-1681028
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 29820 W 9 Mile Road in Farmington Hills, Michigan, presents a unique investment opportunity. Priced at $269,000, the property encompasses two buildings situated on a substantial lot measuring approximately 315 x 154 x 350 feet. The larger building boasts 2,400 square feet of space, featuring 40 x 60 foot dimensions, two overhead doors, and 18-foot ceilings. Recent improvements include a newer roof and gutters. While the interior requires finishing to suit a specific use, the structure offers significant potential. The second building adds 767 square feet of usable space with an open floor plan. The property's zoning allows for a variety of uses, including auto repair, car wash, detailing, storage, and potentially a used car lot. Its prime location at the busy intersection of 9 Mile and Shiawasse Roads offers excellent visibility and accessibility. The property benefits from its proximity to a major shopping center anchored by Target, Edge Fitness Club, and Dunham's Sports, ensuring high traffic volume and customer exposure. The total square footage of both buildings is 3,147 square feet. All dimensions are approximate. This property is ideal for an investor seeking a versatile commercial space in a thriving location. The property is located in Oakland County, Michigan, zip code 48336.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1950
    Total area 3,147 SF
    Lot 0.4 ac (17,424 SF)
    Zoning code II
    APN 22-23-26-482-001
    UPID US43-1681028
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Ilan Hazan · 1 yrs held
    Ilan Hazan
    since 2025
    Last sale
    $200,000
    6 recorded transactions
    2025
    $200,000
    2025
    2023
    $215,000
    2021
    2021
    2021
    $115,000
    Zoning & alternative use
    II · Farmington Hills, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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