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    OFF-MARKET
    Retail space

    31030 Grand Riv Ave, Farmington, MI 48336-4226

    1,284 SF 0.25 ac lot Built 1963
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US43-1782854
    Property summary
    AI-generated overview

    This Farmington, MI property offers two retail storefronts totaling 2,824 square feet, situated on a 0.32-acre lot along the bustling Grand River Avenue corridor. The building, constructed in 1949 and renovated in 1957, features one single-story structure with 33 parking spaces. The property is zoned C-2, allowing for a variety of retail uses. Individual units are available for sale separately: 31030 Grand River Ave (1,284 sq ft) is listed at $599,000, and 31036 Grand River Ave (1,540 sq ft) is listed at $300,000. Annual property taxes are $3,037.02 for 31030 and $4,361.28 for 31036. This presents a unique opportunity for investors seeking a high-traffic retail location in a thriving community. The property's size and zoning provide flexibility for various retail businesses. The ample parking further enhances its appeal to potential tenants and customers. This is an excellent opportunity to acquire a well-located retail property in Oakland County, Michigan.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1963
    Total area 1,284 SF
    Lot 0.25 ac (10,890 SF)
    Zoning code C2
    APN 20-23-26-357-029
    UPID US43-1782854
    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
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Ads Wellness Group INC
    Ads Wellness Group INC
    since 2026
    Last sale
    $115,000
    4 recorded transactions
    2026
    2025
    $115,000
    2014
    $110,000
    2014
    Zoning & alternative use
    C2 · Farmington, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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