Financial
Distress signals
Property profile

31505 32nd Mile Rd Richmond, MI 48062

OFF-MARKET
Office buildings
Property ID
US43-1091943
12,707 SF 4.36 ac lot Built 1977
Last sale Nov 2024 · $285,000
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.
Saved · see the list in your Dashboard
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. 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?
$19k
Tax billed · 2022
Assessed value · 2023$484k
Effective rate3.83%

Value estimate

· Sep 2026
$285k
$257k – $314k
AI approach$285k

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

Recently sold

What actually traded nearby?
$95/SF
County average, outlier-cleaned · 238 recorded sales of this use type
Observed band · Q1–Q3$62 – $133
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?
MEDICAL
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy8.2
Law Firm7.2

Location

31505 32nd Mile Rd Richmond, MI 48062-5215
County assessor Recorded deeds · 3 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

4 recorded sales · 8 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
35040 Helze, Richmond, MI 48062-2405 $159,500 Jan 2025 1,840 SF
67395 Main, Richmond, MI 48062-1921 $300,000 May 2023 3,153 SF
68560 Stoecker, Richmond, MI 48062-8125 $310,000 Aug 2022 4,000 SF
67411 Main, Richmond, MI 48062-1923 $208,000 Feb 2020 1,301 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
5 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 31505 32nd Mile Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message