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Financial
Distress signals
Property profile

28799 Northwestern Hwy Southfield, MI 48034

OFF-MARKET
Strip malls
Property ID
US43-0219976
4,082 SF 0.61 ac lot Built 1980
Last sale Apr 2022 · $750,000
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. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

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

Debts

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 · 2022

What does the county charge?
$19k
Tax billed · 2022
Assessed value$339k
Assessed land$52k
Assessed improvement$287k
Effective rate5.50%

Value estimate

· Oct 2026
$795k
$716k – $875k
AI approach$830k
CAP approach$950k
Submarket $/SF estimate$483k

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

Recently sold

What actually traded nearby?
$93/SF
County average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$56 – $139
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?
B-3
The General Business District (B-3) is designed to provide sites for diversified business types and is often located so as to serve passe...
General categoryCOMMERCIAL
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.7
Grocery Store10.8
Food Market10.1

Location

28799 Northwestern Hwy Southfield, MI 48034-1826
County assessor Recorded deeds · 3 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

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
28550 Telegraph, Southfield, MI 48034-7505 $45,000,000 Aug 2022 233,598 SF
29504 Northwestern, Southfield, MI 48034 $2,111,500 Jun 2021 13,950 SF
26051 12th Mile, Southfield, MI 48034-1701 $1,035,000 Nov 2019 6,776 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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