Realmo Analytics

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Financial
Distress signals
Property profile

31168 8 Mile Rd Farmington Hills, MI 48336

FOR SALE
Auto shops
Property ID
US43-0898433
5,000 SF 0.92 ac lot Built 1963
Last sale Jan 2012
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$7k
Tax billed · 2023
Assessed value · 2024$189k
Assessed land$60k
Assessed improvement$129k
Effective rate3.59%

Value estimate

· Oct 2026
$270k
$243k – $297k
AI approach$270k
NOI build-up
Gross scheduled income$37k
Vacancy & credit loss−$1k
Operating expenses−$5k
NOI · 3.88% cap applied$30k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$123/SF
County average, outlier-cleaned · 132 recorded sales of this use type
Observed band · Q1–Q3$56 – $200
Qualifying comparables9

Cap rate analysis

How does the asset earn?
3.88%
$30k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
II
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office18.9
Realty agency16.1
Law Firm16.0

Location

31168 8 Mile Rd Farmington Hills, MI 48336
County assessor Recorded deeds · 1 transfer 9 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
22855 Orch Lk, Farmington, MI 48336-3230 $325,000 Dec 2025 4,690 SF
32411 Grand Riv, Farmington, MI 48336-3205 $800,000 Feb 2025 6,793 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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