Financial
Distress signals
Property profile

6631 Allen Rd Allen Park, MI 48101

FOR LEASE
Office buildings
Property ID
US43-0420473
1,800 SF 0.05 ac lot Built 1944
Last sale Jan 2022 · $86,500
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This for-lease coworking-style office suite provides approximately 1,800 square feet of shared workspace and an additional separate 300 square foot private office for the tenant. The suite is configured to combine a shared work area with a dedicated private office for day-to-day use. The offering includes utilities along with a phone line and internet provided by the landlord, supporting in-suite operational convenience.

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?
$7k
Tax billed · 2023
Assessed value · 2024$88k
Effective rate7.43%

Value estimate

· Sep 2026
$190k
$171k – $209k
NOI build-up
Gross scheduled income$11k
Vacancy & credit loss−$3k
Operating expenses−$2k
NOI · 826.27% cap applied$6k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$93/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$54 – $120
Qualifying comparables15

Cap rate analysis

How does the asset earn?
826.27%
$6k 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?
C 5
General categoryCOMMERCIAL
JurisdictionWAYNE

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 agency13.5
Law Firm13.0
Electrical Service11.8

Location

6631 Allen Rd Allen Park, MI 48101
County assessor Recorded deeds · 3 transfers 15 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
14721 Champaign, Allen Park, MI 48101-1616 $119,000 Nov 2024 1,620 SF
6838 Park, Allen Park, MI 48101-2036 $140,000 Aug 2024 1,600 SF
7226 Park, Allen Park, MI 48101-2040 $139,000 Jul 2022 1,620 SF
6709 Park, Allen Park, MI 48101-2033 $140,000 Apr 2022 1,600 SF
7340 Park, Allen Park, MI 48101-1903 $215,000 Mar 2022 2,025 SF
6721 Park, Allen Park, MI 48101-2033 $157,000 Feb 2021 1,660 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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