Financial
Distress signals
Property profile

637 8th Mile Rd Hazel Park, MI 48030

OFF-MARKET
Auto shops
Property ID
US43-4326069
8,392 SF 0.25 ac lot Built 1930
Last sale Aug 2024 · $320,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a warehouse configured with drive-in access for direct vehicle entry to support loading, unloading, and daily operations. A paved lot is included and is located to the west of the building. The warehouse is situated in Hazel Park, Michigan, near I-75, providing proximity to a major regional transportation corridor.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$6k
Tax billed · 2023
Assessed value · 2024$119k
Effective rate4.73%

Value estimate

· Sep 2026
$320k
$288k – $352k
AI approach$320k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$123/SF
County average, outlier-cleaned · 132 recorded sales of this use type
Observed band · Q1–Q3$56 – $200
Qualifying comparables4

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?
BI
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 agency25.6
Law Firm24.6
Dental Office14.7

Location

637 8th Mile Rd Hazel Park, MI 48030-2541
County assessor Recorded deeds · 4 transfers 4 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1212 9th Mile, Hazel Park, MI 48030-1959 $200,000 Feb 2023 7,615 SF
512 8th Mile, Hazel Park, MI 48030-2436 $25,986 Jan 2023 999 SF
24309 John R, Hazel Park, MI 48030-1111 $310,000 Jul 2022 1,648 SF
21412 John R, Hazel Park, MI 48030-2213 $169,500 Jul 2022 1,297 SF
21905 Dequindre, Hazel Park, MI 48030-2104 $155,000 Jan 2020 5,775 SF
Hazel Park, MI 48030 $70,000 Apr 2019 2,822 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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