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    FOR SALE
    Industrial properties

    37655 Interchange Dr, Farmington Hills, MI 48335

    27,664 SF 2.52 ac lot Built 1984
    Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-4242638
    Property summary
    AI-generated overview

    This exceptional 9,800-square-foot freestanding flex building in Farmington Hills, Michigan, presents a unique opportunity. Situated on a 2-acre lot at 37655 Interchange Dr, 48335, this single-story, 1986-built property offers a versatile layout ideal for various businesses. The building boasts 54% office space, thoughtfully designed with open work areas, two private offices, a large conference room, and two smaller conference rooms. The shop area is air-conditioned and features a 16-foot ceiling height, perfect for efficient operations. Loading is facilitated by one 12' x 14' grade-level door. Ample parking is available with 43 spaces. The property is zoned IRO, providing flexibility for a range of uses. Its prime location offers excellent freeway access via I-696, I-96, I-275, and M-5, easily reached through several major roadways. Signage opportunities on Halsted Road are also available. This property is ready for immediate occupancy and presents a compelling investment opportunity.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1984
    Total area 27,664 SF
    Lot 2.52 ac (109,641 SF)
    APN 22-23-19-252-024
    UPID US43-4242638
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.44M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.42M
    Owner & transaction history
    Me3l Property Holdings LLC · 4 yrs held
    Me3l Property Holdings LLC
    since 2022
    Last sale
    $1.4M
    2 recorded transactions
    2022
    $1.4M
    2022
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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