Financial
Distress signals
Property profile

23831 John R Rd Hazel Park, MI 48030

OFF-MARKET
Retail space
Property ID
US43-1287640
5,425 SF 0.09 ac lot Built 1951
Last sale Jun 2021 · $296,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address.
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Property summary

AI-generated overview

The property is a two-story white brick commercial building located in Hazel Park on John R Road, featuring a wall of floor-to-ceiling black-framed windows that provides natural light to the main floor retail/commercial area. The main space is open and includes white painted block walls, recessed lighting, and exposed ductwork. The rear portion of the space has a half bath, a dedicated utility/storage room that houses mechanical systems, and a rear exit, with a private rear entry shared with

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?
$12k
Tax billed · 2023
Assessed value · 2024$155k
Effective rate7.45%

Value estimate

· Sep 2026
$405k
$365k – $446k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$169/SF
County average, outlier-cleaned · 385 recorded sales of this use type
Observed band · Q1–Q3$79 – $263
Qualifying comparables8

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 agency22.5
Law Firm16.0
Hair Salon13.4

Location

23831 John R Rd Hazel Park, MI 48030-1473
County assessor Recorded deeds · 12 transfers 8 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
21630 John R, Hazel Park, MI 48030-2093 $300,000 Oct 2023 6,217 SF
812 9th Mile, Hazel Park, MI 48030-1840 $1,335,000 Jul 2023 10,480 SF
22228 John R, Hazel Park, MI 48030-1717 $218,000 Aug 2021 3,546 SF
11 8th Mile, Hazel Park, MI 48030-2501 $473,308 Oct 2020 2,914 SF
24500 John R, Hazel Park, MI 48030-1142 $175,000 Apr 2020 2,896 SF
24932 John R, Hazel Park, MI 48030-1199 $250,000 Jan 2019 2,778 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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