Property profile

32769 Northwestern Hwy 1 Farmington Hills, MI 48334

OFF-MARKET
Hotels
Property ID
US43-2930409
46,680 SF 1.78 ac lot Built 2015
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 2015
Total area 46,680 SF
Lot 1.78 ac (77,711 SF)
APN 22-23-02-178-003
UPID US43-2930409

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
  • Corporate Office
  • Hotel & Motel

Location

32769 Northwestern Hwy, Unit 1 Farmington Hills, MI 48334-1451
Farmington Hills metro Census 166000 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.87M
Comparable Approach Comparable
$1.70M
Blend (final) Blend
$1.79M

Owner & transaction history

since 2022
5 recorded transactions
2022
Price N/A
2022
Price N/A
2014
Price N/A
2012
$2.1M
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Warehouse, storage $2.9M +177.5%

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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