For Sale
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Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
BV · Farmington, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for BV in Farmington, MI.
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Find the owner behind the property.
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