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    Property profile & analytics
    OFF-MARKET Estimated value $2,070,000
    Retail space

    33224 Grand Riv Ave, Farmington, MI 48336-3122

    14,107 SF 0.69 ac lot Built 1911
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US43-1572048
    Property summary
    AI-generated overview

    This exceptional 14,210-square-foot building, located at 33224 Grand River Ave in Farmington, Michigan, presents a unique leasing opportunity. Situated in the heart of Farmington's Central Business District (CBD), this single-tenant property offers unparalleled visibility thanks to its prominent location and large display windows. Originally constructed in 1911 and renovated in 1970, the building sits on a 0.689-acre lot and is zoned for a variety of uses, including retail, restaurant, and medical office space. Currently, 13,689 square feet are available for lease. The property's convenient design includes multiple entrances and ample parking, both public and private, ensuring easy access for customers and employees. Its versatile layout provides a blank canvas for businesses seeking a high-traffic location in a thriving submarket (Farmington/Farmington Hills). The 48336 zip code offers excellent access to major roadways and a strong local customer base. This prime location and flexible space make it an ideal choice for businesses looking to establish or expand their presence in the Farmington area. Don't miss this chance to secure a highly visible and accessible space in a desirable downtown setting.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1911
    Total area 14,107 SF
    Lot 0.69 ac (30,056 SF)
    Zoning code CBD
    APN 20-23-27-153-021
    UPID US43-1572048
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Village Shoe Inn Clothing & Fashion Store (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.66M
    Blend (final) Blend
    $2.07M
    Owner & transaction history
    THIBAULT ENTERPRISES INC
    THIBAULT ENTERPRISES INC
    Zoning & alternative use
    CBD · Farmington, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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