Technical
Financial
Distress signals
Property profile

38123 10th Mile Rd 66 Farmington, MI 48335

OFF-MARKET
Automotive properties
Property ID
US43-4317042
52,003 SF 7.73 ac lot Built 2013
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 2013
Total area 52,003 SF
Lot 7.73 ac (336,545 SF)
APN 22-23-30-276-065
UPID US43-4317042

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Dealership
  • Car Dealership Auto Repair Shop

Location

38123 10th Mile Rd, Unit 66 Farmington, MI 48335-2803
Farmington metro Census 168400 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.79M
Blend (final) Blend
$7.58M

Owner & transaction history

since 2021
3 recorded transactions
2021
Price N/A
2016
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $12.1M +90.5%
Commercial (general) $9.2M +43.7%
Restaurant $9.0M +41.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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