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31525 W 12 Mile Rd - 4.95 Acres 4.95 Acres of Commercial Land Offered at $6,260,805 CAD in Farmington Hills, MI 48334
Investment Highlights
- 4.95-acre site – for sale or lease
- Flexible leasing options – ownership will consider ground lease or build-to-suit for part or all of the site
- 31,700 VPD on 12 Mile Road and 39,415 VPD on Orchard Lake Road
- Premium redevelopment opportunity
- Dedicated drive-thru retail pad site available
- Situated at one of the busiest intersections in Metro Detroit
Executive Summary
• 4.95-acre site – For Sale or Lease
• Premium redevelopment opportunity
• Flexible leasing options • Ground Lease or Build-to-Suit • for part or all of the site
• Dedicated drive-thru retail pad site available | 1,600 - 8,000 SF
• 31,700 VPD on 12 Mile Road and 39,415 VPD on Orchard Lake Road
• Situated at one of the busiest intersections in Metro Detroit
• Located on the south side of W. 12 Mile Road at Orchard Lake Road in Farmington Hills, MI
• Premium redevelopment opportunity
• Flexible leasing options • Ground Lease or Build-to-Suit • for part or all of the site
• Dedicated drive-thru retail pad site available | 1,600 - 8,000 SF
• 31,700 VPD on 12 Mile Road and 39,415 VPD on Orchard Lake Road
• Situated at one of the busiest intersections in Metro Detroit
• Located on the south side of W. 12 Mile Road at Orchard Lake Road in Farmington Hills, MI
Property Facts
| Price | $6,260,805 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 4.95 AC |
| Property Type | Land | ||
| Zoning | ES - Expressway Service | ||
| Price | $6,260,805 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 4.95 AC |
| Zoning | ES - Expressway Service |
1 Lot Available
Lot
| Price | $6,260,805 CAD | Lot Size | 4.95 AC |
| Price Per AC | $1,264,809.04 CAD |
| Price | $6,260,805 CAD |
| Price Per AC | $1,264,809.04 CAD |
| Lot Size | 4.95 AC |
4.95 acre lot Perfect redevelopment opportunity
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 23-15-201-270 | Improvements Assessment | $3,888,136 CAD |
| Land Assessment | $593,281 CAD | Total Assessment | $4,481,417 CAD |
Property Taxes
Parcel Number
23-15-201-270
Land Assessment
$593,281 CAD
Improvements Assessment
$3,888,136 CAD
Total Assessment
$4,481,417 CAD
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31525 W 12 Mile Rd - 4.95 Acres
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