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    32729 Northwestern Hwy Farmington Hills, MI 48334
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    Property profile & analytics

    32729 Northwestern Hwy Farmington Hills, MI 48334


    • Turn key restaurants
    • 7,503 SF
    • 1.51 lot acres
    Former Restaurant Opportunity For Rent For Lease
    $775,000

    Former Restaurant Opportunity For Rent

    Former restaurant with existing FF&E, high-traffic location, redevelopment potential.

    32729 Northwestern Hwy, Farmington Hills, MI 48334
    View Listing
    Property ID
    US43-2930410
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 32729 Northwestern Hwy

    Year built
    1992
    Lot size
    1.51 lot acres
    Property size
    7,503 SF
    Property type
    Turn key restaurants
    APN
    22-23-02-178-004
    APU
    222302178004

    Description

    This exceptional 7,800-square-foot retail or restaurant space is ideally situated at 32729 Northwestern Highway in Farmington Hills, Michigan, within Oakland County (zip code 48334). The single-tenant building, constructed in 2010, boasts 87 parking spaces, ensuring ample convenience for customers. The property's B-3 zoning allows for flexible use, making it suitable for a variety of commercial ventures. Previously a restaurant, the space includes existing fixtures and equipment (FF&E), offering a potential head start for new businesses. Its prime location adjacent to a new Holiday Inn Express Hotel and directly in front of a Home Depot guarantees high visibility and significant foot traffic. The surrounding area is thriving, with numerous national retailers and restaurants, creating a strong commercial environment. This location benefits from excellent demographics and a busy traffic corridor, making it an attractive investment opportunity for businesses seeking high exposure and a strong customer base. The property features one single-story building. The entire 7,800 square feet is currently vacant and ready for immediate occupancy.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $702,000
      Market price range: $448k - $992k
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,185,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Farmington Hills
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3545
    Latitude
    42.5259
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $26,134
    $229,600
    $509,180
    $738,780
    -
    $459,200
    $1,018,360
    $1,477,560
    View Listing
    More about this property
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