37810 Grand River Ave, Farmington, MI 48335
For Sale
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This exceptional 0.86-acre commercial land parcel presents a unique investment opportunity in the thriving Farmington, Michigan market. Located at 37810 Grand River Ave, this property boasts a prime location at the busy intersection of Grand River Avenue and 10 Mile Road, ensuring high visibility and accessibility. Its strategic position offers easy access to major expressways including M-5, I-69, and I-696, facilitating seamless transportation for businesses and customers. The property features two convenient curb cuts, enhancing operational efficiency. The high traffic count makes this an excellent site for a variety of commercial ventures. The area is already home to a concentration of successful businesses, including several prominent car dealerships such as BMW, Nissan, Mazda, Audi, Porsche, Suburban Chrysler Dodge Jeep Ram, and Buick GMC, all within a one-mile radius. The asking price for this exceptional parcel is $1,200,000. The property's location and high visibility make it an ideal site for a variety of commercial developments, offering significant potential for return on investment. The parcel is situated in Oakland County, Michigan, with a zip code of 48335. Prominent signage opportunities further enhance the property's marketing potential. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BV · Farmington, MIFarmington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.