Farmington, Michigan Commercial Real Estate 0 Listings

Farmington, Michigan: A Premier Destination for Commercial Real Estate

Introduction

Farmington, Michigan, is a vibrant city with a burgeoning commercial real estate (CRE) sector. Located in the heart of Oakland County, it boasts a population of approximately 10,000 and forms part of the Detroit Metropolitan area, offering a strategic position for businesses. Its economy is diverse, with strong ties to the automotive, healthcare, and technology industries, making it an attractive location for various commercial property types.

Economic and Industry Overview

Farmington's commercial real estate market is driven by major industries such as automotive, healthcare, and technology. The city's proximity to Detroit positions it as a crucial player in the automotive supply chain, fostering demand for industrial and office spaces. The healthcare sector, supported by institutions like Beaumont Health, boosts demand for medical office buildings. The presence of tech firms further reinforces the need for modern, flexible office spaces.

Farmington is supported by regional economic initiatives from groups like Oakland County's Economic Development & Community Affairs.

Strategic Location and Transportation Infrastructure

Farmington benefits from excellent transportation infrastructure, including:

Highways: Easy access to I-696 and M-5, connecting Farmington to Detroit and other key markets.
Airports: Proximity to Detroit Metropolitan Wayne County Airport, a major hub for national and international flights.
Rail Lines: Access to freight rail services, facilitating industrial transport.

These logistical advantages make Farmington a convenient location for distribution and access to labor markets. For more details, visit the Michigan Department of Transportation.

Commercial Real Estate Inventory & Zoning

Farmington's CRE landscape includes diverse submarkets:

Central Business District (CBD): A hub for office and retail spaces.
Industrial Corridors: Ideal for warehousing and light manufacturing.
Innovation Districts: Emerging areas for tech and creative industries.

Recent zoning updates have introduced incentives for mixed-use developments and innovative projects. Explore the city's zoning maps and parcel viewers.

Major Employers and Institutions

Key employers in Farmington include:

Bosch: A leader in automotive technology and innovation.
Beaumont Health: Major healthcare provider.
ZF Group: Automotive supplier with significant operations.

These institutions drive demand for commercial real estate, supported by resources like the Farmington Economic Development Department.

Notable Commercial Developments & Projects

Farmington is witnessing several transformative projects:

Farmington Gateway: A mixed-use development revitalizing the city's entrance.
Innovation Park: A planned tech campus fostering startup growth.

These initiatives often involve public-private partnerships and are positioned within designated Opportunity Zones. For more information, visit the Farmington Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, Farmington offers comprehensive resources:

Market Data & Economic Reports

Public data sets and reports are available to assist in investment decisions:

Brevitas leverages AI-powered aggregation from public data and internal insights to provide unparalleled market intelligence. Explore our Brevitas-powered dashboards for Farmington.

Why Use Brevitas for Farmington, Michigan CRE?

Brevitas is your gateway to Farmington's CRE market, offering:

AI-Driven Discovery: Find properties with ease.
Real-Time Market Alerts: Stay informed of new listings.
Smart Property Pages: Access detailed property insights.
Dealroom Collaboration: Streamline your transactions.

Our platform features auto-generated listing pages, email and landing page tools, and seamless integration with brokers and developers. Gain exclusive access to premium listings and maximize your exposure with Brevitas.