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    Property profile & analytics

    32950 Middlebelt Rd Farmington Hills, MI 48334-1706

    • Gas stations
    • 1,740 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US43-1642832
    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.

    Current Use by Public Records

    • Gas stations

    Property Details for 32950 Middlebelt Rd

    Year built
    1957
    Lot size
    0.34 lot acres
    Property size
    1,740 SF
    Zone code
    BI
    Property type
    Gas stations
    APN
    22-23-01-101-001
    APU
    222301101001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $305,000
      6.5%
      $280,000
      7%
      $275,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $290,000
      Geo Method
      $285,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $335,000
      Retail
      $290,000
      Mixed-Use
      $335,000
      Hospitality
      $275,000
      Educational
      $265,000
      Residential Income
      $325,000
      Energy
      $295,000
      Income-Based Land
      $340,000
      Food Service
      $255,000

    Location Insight

    • Map
    • Local Demand
    City
    Farmington Hills
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3403
    Latitude
    42.5287
    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
    $6,876
    $48,000
    $140,000
    $188,000
    -
    $96,000
    $280,000
    $376,000

    Comparable in this City

    • Value Estimation
      $270,000
      36 SF

      30775 12th Mile Rd

      SERVICE STATION WITH FOOD MART • 36 SF
      30775 12th Mile Rd, Farmington Hills, MI 48334-3815
      View Details
    • Value Estimation
      $370,000
      2,270 SF

      33350 12th Mile Rd

      SERVICE STATION (FULL SERVICE) • 2,270 SF
      33350 12th Mile Rd, Farmington Hills, MI 48334-3311
      View Details
    • Value Estimation
      $260,000
      2,947 SF

      32709 Northwestern Hwy

      AUTO REPAIR, GARAGE • 2,947 SF
      32709 Northwestern Hwy, Farmington Hills, MI 48334-1451
      View Details
    • Value Estimation
      $320,000
      1,903 SF

      32805 Northwestern Hwy

      AUTO REPAIR, GARAGE • 1,903 SF
      32805 Northwestern Hwy, Farmington Hills, MI 48334-1453
      View Details
    • Value Estimation
      $700,000
      5,045 SF

      32430 Northwestern Hwy

      AUTO REPAIR, GARAGE • 5,045 SF
      32430 Northwestern Hwy, Farmington Hills, MI 48334-1400
      View Details
    • Value Estimation
      $285,000
      1,915 SF

      30740 12th Mile Rd

      AUTO REPAIR, GARAGE • 1,915 SF
      30740 12th Mile Rd, Farmington Hills, MI 48334-3814
      View Details

    Similar Nearby for Sale

    • $269,700

      Turnkey Restaurant Business Opportunity

      Fully equipped restaurant for sale on Orchard Lake Road.
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    • Contact for pricing
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      Commercial Kitchen/Senior Housing Opportunity

      Property suitable for commercial kitchen, senior housing, or retail development.
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      Restaurant Property For Sale

      Former restaurant with FF&E, flexible space, high-traffic location.
      32729 Northwestern Hwy, Farmington, MI 48334
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      Remodeled Market in Oakland County

      Turnkey international market business opportunity in Farmington Hills, Michigan.
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      Farmington Hills Restaurant - Net Lease

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    Similar Nearby for Lease

    • $25 SF/Yr
      2,400 SF

      Express Plaza Retail Space

      Farmington Hills Retail Opportunity: High Visibility
      28966 Orchard Lake Rd, Farmington Hills, MI 48334
      View Details
    • $20 SF/Yr
      102,000 SF

      Kendallwood Shopping Center: Farmington Hills

      Retail space available, prime location.
      33250-33338 12 Mile Rd, Farmington Hills, MI 48334
      View Details
    • $12 SF/Yr
      20,095 SF

      Bella Vino Plaza: Farmington Hills

      Prime Retail/Restaurant Space Available
      29950 12 Mile Rd, Farmington Hills, MI 48334
      View Details
    • $5,500 /Mo

      Restaurant Space in Amira Plaza

      Second generation restaurant space in high-traffic Farmington Hills location.
      29402 Orchard Lake Rd, Farmington Hills, MI 48334
      View Details
    • Contact for pricing
      3,400 SF

      Retail Space in Orchard 12 Plaza

      Retail space available in a busy Farmington Hills plaza.
      27853-27909 Orchard Lake Rd, Farmington Hills, MI 48334
      View Details
    • $25 SF/Yr
      2,173 SF

      Freestanding Restaurant Property For Lease

      Former restaurant with high visibility and traffic exposure available for lease.
      27701 Orchard Lake Rd, Farmington Hills, MI 48334
      View Details

    Property Visit Statistics

    • Visits by month
      2.0k
    • Visitors by month
      1.5k
    • Avg Time on site
      3 min
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    Farmington Hills, MI 48334-1706
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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