Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

32210 W 8 Mile Rd Farmington Hills, MI 48336

FOR LEASE
Strip malls
Property ID
US43-1268819
30,582 SF 1.4 ac lot Built 1971
Last sale Mar 2005
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 30,582-square-foot flex building constructed in 1971, configured with a predominantly open interior, high ceilings, and roll-up doors to support flexible commercial occupancy. It is identified for industrial and retail use. The site is located at 32210 8 Mile Road in Farmington Hills on the Farmington Hills–Livonia border, positioned between Farmington and Merriman Roads within Oakland and Wayne counties, with access to major regional highways including I-275, M-5, I-696, and I-96.

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?
$50k
Tax billed · 2023
Assessed value · 2024$1.03M
Assessed land$195k
Assessed improvement$836k
Effective rate4.81%

Value estimate

· Oct 2026
$720k
$648k – $792k
AI approach$720k
NOI build-up
Gross scheduled income$225k
Vacancy & credit loss−$8k
Operating expenses−$65k
NOI · 1,010,153.33% cap applied$152k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$93/SF
County average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$56 – $139
Qualifying comparables3

Cap rate analysis

How does the asset earn?
1,010,153.33%
$152k 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?
BI
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm20.9
Realty agency19.1
Hair Salon14.1

Location

32210 W 8 Mile Rd Farmington Hills, MI 48336
County assessor Recorded deeds · 3 transfers 3 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
31822 Grand Riv, Farmington, MI 48336-4124 $490,000 Aug 2024 4,038 SF
21015 Farmington, Farmington, MI 48336-5016 $835,000 Jun 2023 6,570 SF
31691 Grand Riv, Farmington, MI 48336-4237 $538,000 Feb 2019 6,000 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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