Property profile

27996 Waltz Rd New Boston, MI 48164

OFF-MARKET
Auto shops
Saved · see the list in your Dashboard
Property ID
US43-1131947
2,057 SF 0.32 ac Built 1949
Last sale Mar 2021·$55,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property is a commercial site configured to support retail and food-related uses, with history as a fully operational business and licensing for lottery and alcohol sales. It includes a large storage lot or impound area with parking capacity for more than 35 vehicles, accommodating cars, boats, or equipment. The site is positioned for convenient access to I-275 and the Manheim Auto Auction area. The building includes infrastructure with recent electrical updates and features walk-in…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value · 2024$39k
Effective rate5.30%

Value estimate

· Nov 2026
$275k
$248k – $303k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$72/SF
Submarket average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$48 – $109
Qualifying comparables13

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?
B1 LOCA
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand index
Auto Parts Store9.2
Building Supply9.1
Wholesale Shop9.0

Location

27996 Waltz Rd New Boston, MI 48164-9321
County assessor Recorded deeds · 1 transfer 13 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

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
36525 Sibley, New Boston, MI 48164-9505 $135,000 Feb 2019 1,734 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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