Property profile

19890 Melrose Ave Southfield, MI 48075

OFF-MARKET
Grocery and convenience stores
Saved · see the list in your Dashboard
Property ID
US43-5114779
1,917 SF 0.34 ac Built 1942
Last sale Jul 2023·$74,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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 · 2022

What does the county charge?
$7k
Tax billed · 2022
Assessed value$78k
Assessed land$32k
Assessed improvement$47k
Effective rate8.52%

Value estimate

· Nov 2026
$85k
$77k – $94k
AI approach$105k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$226/SF
Submarket average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$77 – $307
Qualifying comparables15

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?
R-1
The intended of this district to provide areas in the city for single-family dwellings as permitted uses and residentially related uses
General categoryRESIDENTIAL
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 agency27.4
Law Firm19.8
Dental Office18.9

Location

19890 Melrose Ave Southfield, MI 48075-5715
County assessor Recorded deeds · 4 transfers 15 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
21815 10th Mile, Southfield, MI 48075-6114 $700,000 Dec 2025 1,827 SF
24722 Southfield, Southfield, MI 48075-2715 $500,000 Mar 2025 1,378 SF
19471 10th Mile, Southfield, MI 48075-2461 $390,000 Oct 2024 3,828 SF
19045 10th Mile, Southfield, MI 48075-2405 $280,000 Apr 2022 1,388 SF
19606 10th Mile, Southfield, MI 48075-2313 $260,000 Dec 2020 1,650 SF
19995 9th Mile, Southfield, MI 48075-3962 $750,000 Nov 2019 2,520 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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