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Financial
Distress signals
Property profile

31015 Grand Riv Ave Farmington, MI 48336

OFF-MARKET
Office buildings
Property ID
US43-1347982
18,446 SF 3.41 ac lot Built 1964
Last sale Mar 2025 · $1,975,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$46k
Tax billed · 2023
Assessed value · 2024$846k
Assessed land$456k
Assessed improvement$390k
Effective rate5.46%

Value estimate

· Oct 2026
$540k
$486k – $594k
Submarket $/SF estimate$1.80M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$116/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$78 – $140
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BI
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency32.3
Restaurant22.1
Law Firm19.2

Location

31015 Grand Riv Ave Farmington, MI 48336-4227
County assessor Recorded deeds · 10 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
33300 Thomas, Farmington, MI 48336-2353 $850,000 Mar 2022 6,151 SF
22455 Farmington, Farmington, MI 48336-4065 $730,000 May 2020 6,502 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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