Property profile

31716 8th Mile Rd Farmington Hills, MI 48336

OFF-MARKET
Industrial properties
Property ID
US43-1326237
3,497 SF 0.09 ac lot Built 1971
Entity Owned 28-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1971
Total area 3,497 SF
Lot 0.09 ac (3,703 SF)
Zoning code II
APN 22-23-34-458-011
UPID US43-1326237

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Construction Company General Contractor

Location

31716 8th Mile Rd Farmington Hills, MI 48336-5209
Farmington Hills metro Census 167300 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 1998
2 recorded transactions
1998
$240,000
1969
Price N/A

Zoning & alternative use

II · Farmington Hills, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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