Financial
Distress signals
Property profile

31075 John R Rd Madison Heights, MI 48071

FOR LEASE
Super regional malls
Property ID
US43-0033942
17,375 SF 1.47 ac lot Built 1989
Last sale Jul 2019 · $1,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Red Oak Plaza, a single-story, Class C retail strip center, offers exceptional leasing opportunities in Madison Heights, Oakland County. This 18,000 square foot property, built in 1990, features three suites with a minimum divisible space of 1,800 square feet and a maximum contiguous space of 4,400 square feet. Currently, 7,950 square feet are available for lease. The center boasts a highly visible location on John R Road, directly across from a Sam's Club, ensuring significant foot traffic…

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 · 2023

What does the county charge?
$49k
Tax billed · 2023
Assessed value · 2024$879k
Effective rate5.53%

Value estimate

· Sep 2026
$1.38M
$1.24M – $1.51M
Submarket $/SF estimate$1.85M
NOI build-up
Gross scheduled income$302k
Vacancy & credit loss−$26k
Operating expenses−$83k
NOI · 1,291,246.67% cap applied$194k

Realmo valuation models over county records.

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

Cap rate analysis

How does the asset earn?
1,291,246.67%
$194k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-1 LOC
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 agency12.4
Dental Office12.3
Law Firm12.2

Location

31075 John R Rd Madison Heights, MI 48071
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
27822 John R, Madison Heights, MI 48071-3366 $950,000 Sep 2021 10,075 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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