31235 Grand River Ave, Farmington, MI 48336
For Sale
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This 1,766 square foot industrial property in Farmington, MI, presents a compelling redevelopment opportunity for investors. Located at 31235 Grand River, the site boasts over 80 feet of road frontage on Grand River Avenue and Orchard Lake Road, ensuring high visibility and accessibility. The lot itself measures 85 feet by 133 feet, totaling 0.26 acres. This provides ample space for a variety of development projects. The property's strategic location offers significant advantages for businesses seeking high traffic exposure. Furthermore, an adjacent property (Parcel ID# 2326356003) is also available for purchase, potentially allowing for expansion or a larger-scale development. This presents a unique chance to acquire a prime piece of industrial real estate in a desirable location with significant potential for future growth and return on investment. The asking price for this exceptional opportunity is $989,900. Serious inquiries are encouraged.
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Kajy petroleum Factory Production Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C3 · Farmington, MIFarmington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.