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31168 W Eight Mile Rd 5,000 SF 100% Leased Industrial Building Farmington Hills, MI 48336 $775,000 ($155/SF)



Investment Highlights
- Freestanding industrial building positioned along Eight Mile Road in Farmington Hills.
- Clear-span warehouse configuration provides operational flexibility for a variety of industrial users.
- Building is currently leased to SERVPRO through March 31, 2027, providing in-place occupancy.
- Fenced and secured outdoor yard area supports storage, equipment staging, and contractor operations.
- Two grade-level loading doors enhance shipping, receiving, and day-to-day logistics functions.
- Location near the Orchard Lake Road and Eight Mile Road intersection offers convenient regional access.
Executive Summary
31168 Eight Mile Road presents the opportunity to acquire a freestanding industrial asset positioned along the Eight Mile Road corridor in Farmington Hills. The property combines functional warehouse improvements with secured outdoor storage, creating flexibility for investors and owner-users seeking a well-located industrial facility in Oakland County. Situated just east of the Orchard Lake Road and Eight Mile Road intersection, the property benefits from convenient access to major commercial corridors serving Farmington Hills, Livonia, Novi, and the broader Detroit metropolitan area.
The building contains a clear-span warehouse layout with 14-foot clear height and two grade-level loading doors, supporting a variety of contractor, service, distribution, and light industrial operations. A fenced and secured site provides valuable outdoor storage and operational flexibility that is increasingly difficult to replicate in mature suburban industrial markets. Three-phase power further enhances the property's functionality for a range of industrial users.
From an investment perspective, the asset offers in-place tenancy, with the building currently leased to SERVPRO through March 31, 2027. The combination of an existing tenant, functional industrial improvements, and secured yard area creates a compelling ownership opportunity. Its location within a well-established business environment near major transportation routes supports long-term utility and market relevance for industrial occupiers. The property's straightforward design, industrial zoning, and accessible location position it as a versatile asset capable of serving a variety of business needs over time.
The building contains a clear-span warehouse layout with 14-foot clear height and two grade-level loading doors, supporting a variety of contractor, service, distribution, and light industrial operations. A fenced and secured site provides valuable outdoor storage and operational flexibility that is increasingly difficult to replicate in mature suburban industrial markets. Three-phase power further enhances the property's functionality for a range of industrial users.
From an investment perspective, the asset offers in-place tenancy, with the building currently leased to SERVPRO through March 31, 2027. The combination of an existing tenant, functional industrial improvements, and secured yard area creates a compelling ownership opportunity. Its location within a well-established business environment near major transportation routes supports long-term utility and market relevance for industrial occupiers. The property's straightforward design, industrial zoning, and accessible location position it as a versatile asset capable of serving a variety of business needs over time.
Property Facts
| Price | $775,000 | Rentable Building Area | 5,000 SF |
| Price Per SF | $155 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1963 |
| Property Type | Industrial | Parking Ratio | 2.94/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 14’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.48 AC | ||
| Zoning | LI - Light Industrial | ||
| Price | $775,000 |
| Price Per SF | $155 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.48 AC |
| Rentable Building Area | 5,000 SF |
| No. Stories | 1 |
| Year Built | 1963 |
| Parking Ratio | 2.94/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | LI - Light Industrial |
Amenities
- Fenced Lot
- Signage
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 23-35-351-029 | Improvements Assessment | $128,720 |
| Land Assessment | $60,000 | Total Assessment | $188,720 |
Property Taxes
Parcel Number
23-35-351-029
Land Assessment
$60,000
Improvements Assessment
$128,720
Total Assessment
$188,720
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