Financial
Distress signals
Property profile

16203 31st Mile Rd Ray, MI 48096

OFF-MARKET
Industrial properties
Property ID
US43-1107015
924 SF 3 ac lot Built 1985
Last sale Oct 2012 · $130,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. 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.

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?
$5k
Tax billed · 2022
Assessed value · 2023$167k
Effective rate3.09%

Value estimate

· Sep 2026
$130k
$117k – $143k
AI approach$130k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$65/SF
County average, outlier-cleaned · 489 recorded sales of this use type
Observed band · Q1–Q3$43 – $94

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?
M-1
JurisdictionMACOMB

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 Facility9.2
Auto Parts Store8.5
Storage Facility8.4

Location

16203 31st Mile Rd Ray, MI 48096-1015
County assessor Recorded deeds · 2 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 · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
63249 Nn, Ray, MI 48096-2708 $680,000 Feb 2022 3,960 SF
68950 Powell, Ray, MI 48096-1020 $375,000 Dec 2021 1,978 SF
15900 32nd Mile, Ray, MI 48096-1018 $1,850,000 Mar 2021 31,160 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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