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Property profile & analytics

37840 Interchange Dr Farmington, MI 48335

  • Industrial properties
  • 32,100 SF
  • 2.71 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-1336748
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

  • Industrial properties

Property Details for 37840 Interchange Dr

Year built
1986
Lot size
2.71 lot acres
Property size
32,100 SF
Zone code
II
Property type
Industrial properties
APN
22-23-19-253-013
APU
222319253013

Description

This Farmington Hills, Michigan industrial property, located at 37840-37890 Interchange Drive, offers 15,132 square feet of net rentable space within a larger 33,789 square foot building. The single-story building, constructed in 1986, sits on a 2.71-acre lot and is zoned IRO. The property features one dock-high door, an 18-foot ceiling height, and ample parking with 121 spaces. Conveniently located in Oakland County, this flex/R&D space provides quick access to major freeways including I-696, I-96, I-275, and M-5 via several key interchanges. The existing office space is adaptable to tenant needs. Additional features include two knock-out panels for potential 12'x14' overhead doors, an inground scissor lift, and a large Generac generator. The property is available for sale or lease; pricing is negotiable and lease rates will be determined by market conditions, tenant improvements, lease term, and creditworthiness. The APN is 23-19-253-013. This is a unique opportunity to acquire a well-located and versatile industrial property in a thriving Michigan market.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $610,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $619,000
    Market price range: $601k - $983k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Farmington Hills
County
Oakland
State
Michigan
Longitude
-83.4216
Latitude
42.4774
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
$20,226
$172,380
$797,900
$970,280
-
$344,760
$1,595,800
$1,940,560
More about this property
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