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Financial
Distress signals
Property profile

38880 Grand Riv Ave Farmington, MI 48335

OFF-MARKET
Manufacturing properties
Property ID
US43-1301747
42,737 SF 2.26 ac lot Built 1972
Last sale Aug 2026 · $3,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 41,885-square-foot manufacturing building constructed in 1972, configured for industrial operations and zoned II. Building systems include 2000 amps of 480-volt electrical service with bus duct, air lines, and a fire suppression system. The structure features 60-foot-wide bays and multiple loading points, including three truckwells, one 8' x 8' grade-level door, and two 12' x 12' grade-level doors. Material handling is supported by two 5-ton cranes. The site is located on…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$39k
Tax billed · 2023
Assessed value · 2024$1.13M
Assessed land$160k
Assessed improvement$975k
Effective rate3.41%

Value estimate

· Oct 2026
$735k
$662k – $809k
Submarket $/SF estimate$2.58M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$82/SF
Submarket average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$57 – $109
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
II
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.8
Hair Salon15.6
Parking Facility12.0

Location

38880 Grand Riv Ave Farmington, MI 48335-1526
County assessor Recorded deeds · 4 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
24505 Indoplex, Farmington Hills, MI 48335-9991 $3,250,000 Dec 2021 46,154 SF
24000 Research, Farmington Hills, MI 48335-2600 $3,100,000 Jun 2021 56,706 SF
23350 Commerce, Farmington Hills, MI 48335-2726 $2,400,000 Jan 2021 23,872 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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