Property profile

29820 9th Mile Rd Farmington Hills, MI 48336

OFF-MARKET
Auto shops
Property ID
US43-1681028
3,147 SF 0.4 ac lot Built 1950
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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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

Location

29820 9th Mile Rd Farmington Hills, MI 48336-4808
Farmington Hills metro Census 167400 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2025
Last sale
$200,000
6 recorded transactions
2025
$200,000
2025
Price N/A
2023
$215,000
2021
Price N/A
2021
Price N/A
2021
$115,000

Zoning & alternative use

II · Farmington Hills, 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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