Financial
Distress signals
Property profile

23111 21st Mile Rd Macomb, MI 48042

OFF-MARKET
Commercial real estate
Property ID
US43-1393914
4,896 SF 0.99 ac lot Built 2007
Last sale May 2025 · $1,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Park Lane Plaza, located at 23111 21 Mile Rd in Macomb, Michigan, 48042, offers a fantastic 1,000 square foot office space for lease. This is the last available suite in a vibrant retail center experiencing high traffic volume and excellent visibility on 21 Mile Road. The property is a 5,100 square foot building with multiple tenants, including established businesses such as Little Caesars, Create A Cut Salon, and Premier Senior Home Care, creating a strong and diverse tenant mix. The suite

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.

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 · 2022

What does the county charge?
$14k
Tax billed · 2022
Assessed value · 2023$371k
Effective rate3.68%

Value estimate

· Sep 2026
$945k
$851k – $1.04M
CAP approach$895k
Submarket $/SF estimate$829k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$103/SF
County average, outlier-cleaned · 293 recorded sales of this use type
Observed band · Q1–Q3$56 – $169
Qualifying comparables7

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?
C2
JurisdictionMACOMB

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 agency19.0
Law Firm16.1
Spa & Massage11.6

Location

23111 21st Mile Rd Macomb, MI 48042-5182
County assessor Recorded deeds · 2 transfers 7 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 · 6 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
53805 Springdale, Macomb, MI 48042-3733 $95,000 Oct 2023 No data
18973 Johannes, Macomb, MI 48042-3798 $50,000 Sep 2023 No data
51540 Romeo Plank, Macomb, MI 48042-4117 $1,000,000 May 2022 2,482 SF
51057 Milano Dr, Macomb, MI 48042-4028 $4,133,333 Jan 2022 No data
16600 24th Mile, Macomb, MI 48042-3574 $1,525,000 Sep 2019 3,632 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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