30685 W 12 Mile Rd, Farmington Hills, MI 48334
For Sale
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This vacant, 3,292 square foot restaurant building presents a compelling investment opportunity in Farmington Hills, Michigan. Located at 30685 W 12 Mile Rd, 48334, this property boasts a prime location in a busy retail corridor near Orchard Lake Road and I-696, ensuring high visibility and accessibility. The building, constructed in 1972 and extensively renovated in 2020, features a completely updated interior including a new kitchen and bar, capable of seating over 110 patrons. All furniture, fixtures, and equipment (FF&E) are included in the sale price of $975,000 ($296.17/sq ft). The 0.899-acre lot provides ample parking for 70 vehicles, and the property benefits from prominent monument signage. The B-3 zoning permits restaurant use. Its proximity to two hotels further enhances its potential. This turnkey operation is ideal for owner-users seeking a well-established, fully equipped restaurant in a high-demand area with excellent demographics. The property is currently vacant, allowing for immediate occupancy and customization to suit the new owner's vision.
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 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.