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Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Office buildings
30835 10th Mile Rd, Farmington Hills, MI 48336-2607
Entity Owned
~
Est. High Equity
Property ID
US43-1403805
Property summary
AI-generated overview
This exceptional 15,814-square-foot industrial/flex building in Farmington, MI's Farm Hills submarket presents a unique opportunity. The two-story structure boasts 7,866 square feet of dedicated shop space and 7,948 square feet of office space, divided between 4,938 square feet on the first floor and 3,010 square feet on the second. Built in 1972 and renovated in 2019, the property features a 19'4" ceiling height, providing ample vertical space. Five grade-level drive-in doors ensure efficient loading and unloading. The building sits on a 0.78-acre lot and offers 39 parking spaces. Its B3 zoning makes it suitable for a variety of industrial uses. The minimum divisible space is 3,010 square feet, with a maximum contiguous space of 7,948 square feet. The property is currently fully vacant, offering immediate occupancy. The building's robust power supply of 600 AMP, 3-phase electricity, caters to demanding operational needs. This versatile layout, combined with its prime location in Oakland County, makes it an ideal choice for businesses seeking flexible and functional space.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1972
Total area
19,350 SF
Lot
0.78 ac (34,020 SF)
Zoning code
BI
APN
22-23-26-101-044
UPID
US43-1403805
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
$660k
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
$917k
Blend (final)
Blend
$830k
Owner & transaction history
30835 West 10 Mile LLC
30835 West 10 Mile LLC
since 2025
Last sale
$850,000
4 recorded transactions
Zoning & alternative use
BI · Farmington Hills, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Farmington Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Farmington Hills submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
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T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$625,000
ML approach
$660,000
CAP Approach
CAP Return
Estimation
6%
$1,185,000
6.5%
$1,095,000
7%
$1,015,000
Blend value · Realmo final
$830k
Range $747k – $913k · ±10% · vs last sale $850k (Jun 8 2025)
Last sale anchor
$850k
Jun 8 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$43 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$18,524
Tax year 2023
Assessed value
$296,380
Assessed 2024
Previous assessed
$386,660
-23.3% YoY
Effective rate
6.25%
On assessed value
Assessed land
$93,500
Assessed improvement
$202,880
Land market value
$187,000
Improvement market value
$405,760
Total market value
$592,760
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1972
Heating
FORCED AIR
Stories
2
Total area
19,350 SF
Lot
0.78 ac (34,020 SF)
Zoning code
BI
APN
22-23-26-101-044
UPID
US43-1403805
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BI · Farmington Hills, MI
Zoning BI · permitted uses
BI · Farmington Hills, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Farmington Hills. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
FORCED AIR
Stories
2
Lot
0.78 ac
Current owner
From public records · entity-resolved
30835 West 10 Mile LLC
Entity
Mailing address
PO BOX 7371, DEARBORN, MI 48121-7371
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2025
$850,000
30835 West 10 Mile LLC
Niagara Properties LLC
Warranty Deed
$800,000 · Citizens State Bank
Feb 24, 2022
$600,000
Niagara Properties LLC
Orchard 10 Investments And Mgmt LLC
Warranty Deed
—
Feb 16, 2022
$342,000
Orchard 10 Investments And Mgmt LLC
Toby Faye Chudnow
Warranty Deed
—
Dec 17, 2013
$465,000
Toby F Chudnow
Nakisher & Kuretzky Inv Co
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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