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