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    FOR SALE
    Retail space

    31235 Grand River Ave, Farmington, MI 48336

    1,766 SF 0.26 ac lot Built 1982
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US43-1098787
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1982
    Total area 1,766 SF
    Lot 0.26 ac (11,326 SF)
    Zoning code C3
    APN 20-23-26-356-002
    UPID US43-1098787
    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
    Current use
    Occupant on record · Public records
    • Kajy petroleum Factory Production Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Kajy Petroleum Company · 1 yrs held
    Kajy Petroleum Company
    since 2025
    2 recorded transactions
    2025
    $7,795
    2020
    Zoning & alternative use
    C3 · Farmington, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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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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