31015 Grand Riv Ave Farmington, MI 48336-4227
Property profile & analytics
31015 Grand Riv Ave Farmington, MI 48336-4227
- Office buildings
- 18,446 SF
- 3.41 lot acres
Property ID
US43-1347982
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Amistee Inc / HVAC Service
- Call a Pro / General Contractor / Renovation Specialist
Property Details for 31015 Grand Riv Ave
- Year built
- 1964
- Lot size
- 3.41 lot acres
- Property size
- 18,446 SF
- Zone code
- BI
- Property type
- Office buildings
- APN
- 22-23-35-101-005
- APU
- 222335101005
Description
This exceptional 3.4-acre commercial property is ideally situated at the gateway to Farmington Hills, Michigan, at the prominent corner of Grand River and Merriman Roads. Boasting a highly desirable B3 General Commercial zoning designation, this land offers unparalleled flexibility for a wide range of commercial and mixed-use developments. The city actively encourages development and is eager to collaborate on various projects. The property currently features an existing 18,000 square foot building, presenting a unique opportunity for renovation, expansion, or repurposing. Its prime location ensures exceptional visibility and accessibility, making it an attractive investment for businesses seeking high-traffic exposure. The asking price for the land is $2,200,000. Alternatively, the property is also available for lease at a net rate of $15,000 per month, with both short-term and long-term lease options available. Located at 31015 Grand River Ave, Farmington Hills, MI 48336, in Oakland County, this property presents a compelling investment opportunity with significant potential for growth and return. The address is easily accessible via major roadways, offering convenient access for employees and customers.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,800,000
- AI Estimate
- $1,553,000
Market price range: $1.43M - $2.58MMarket price range: $874k - $2.56M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,150,000 Current use
- MEDICAL BUILDING
- $2,910,000 Change: +36% Conversion: Easy
- AUTO REPAIR, GARAGE
- $2,260,000 Change: +5% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Farmington
- County
- Oakland
- State
- Michigan
- Longitude
- -83.3546
- Latitude
- 42.4546
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$46,191
$455,670
$389,890
$845,560
-
$911,340
$779,780
$1,691,120
