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    Property profile & analytics

    38200 Grand Riv Ave Farmington, MI 48335-1512

    • Automotive properties
    • 22,624 SF
    • 3.15 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 23, 2023
    Location Intelligence
    Property ID
    US43-1280411
    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

    • Automotive properties

    Property Details for 38200 Grand Riv Ave

    Year built
    1997
    Lot size
    3.15 lot acres
    Property size
    22,624 SF
    Zone code
    BI
    Property type
    Automotive properties
    APN
    22-23-19-451-049
    APU
    222319451049

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    Oakland
    State
    Michigan
    Longitude
    -83.4236
    Latitude
    42.4699
    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
    $66,535
    $462,540
    $1,330,130
    $1,792,670
    -
    $925,080
    $2,660,260
    $3,585,340

    Comparable in this City

    • Value Estimation by Request
      45,552 SF

      38700 Grand Riv Ave

      VEHICLE SALES, RENTALS • 45,552 SF
      38700 Grand Riv Ave, Farmington, MI 48335-1518
      View Details
    • Value Estimation by Request
      49,314 SF

      37911 Grand Riv Ave

      VEHICLE SALES, RENTALS • 49,314 SF
      37911 Grand Riv Ave, Farmington, MI 48335-2831
      View Details
    • Value Estimation by Request
      72,857 SF

      39300 10th Mile Rd

      VEHICLE SALES, RENTALS • 72,857 SF
      39300 10th Mile Rd, Farmington, MI 48335-2608
      View Details
    • Value Estimation by Request
      46,968 SF

      38000 Grand Riv Ave

      VEHICLE SALES, RENTALS • 46,968 SF
      38000 Grand Riv Ave, Farmington, MI 48335-1508
      View Details
    • Value Estimation
      $655,000
      17,292 SF

      37901 Grand Riv Ave

      VEHICLE SALES, RENTALS • 17,292 SF
      37901 Grand Riv Ave, Farmington, MI 48335-2831
      View Details
    • Value Estimation by Request
      18,043 SF

      24730 Haggerty Rd

      VEHICLE SALES, RENTALS • 18,043 SF
      24730 Haggerty Rd, Farmington Hills, MI 48335-1540
      View Details

    Similar Nearby for Sale

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      33,789 SF

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      Industrial property with quick access to major highways.
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    Similar Nearby for Lease

    • Contact for pricing
      25,288 SF

      Farmington Hills Commercial Property

      6.5-acre lot, 25,288 sq ft building
      35200 Grand River Ave, Farmington Hills, MI 48335
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    • $16 SF/Yr
      10,000 SF

      Drakeshire Plaza Retail Opportunity

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    • Contact for pricing
      8,266 SF

      Farmington Retail Space - Grand River Ave.

      Prime Farmington location, 8,266 sq ft, B-3 zoning.
      35080 Grand River Ave, Farmington, MI 48335
      View Details
    • $4,500 /Mo

      Grand River Avenue Retail/Office Space

      Retail and office spaces available for lease on Grand River.
      33419 Grand River Ave, Farmington, MI 48335
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    • Contact for pricing
      7,023 SF

      Farmington Hills Retail Space

      High-visibility retail space available.
      34420 8 Mile Rd, Farmington Hills, MI 48335
      View Details
    • $20 SF/Yr
      1,600 SF

      Retail Space in Farmington Hills

      Multi-tenant strip center with spaces available for lease.
      34701 Grand River Ave, Farmington Hills, MI 48335
      View Details
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    Farmington, MI 48335-1512
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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