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Financial
Distress signals
Property profile

1088 Southfield Rd Lincoln Park, MI 48146

FOR SALE
Medical Office Space
Property ID
US43-0375768
3,400 SF 0.23 ac lot Built 1950
Last sale Jul 2024 · $290,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 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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1088 Southfield Rd, Lincoln Park, MI 48146 For Sale
$325,000 3,400 SF
1088 Southfield Rd, Lincoln Park, MI 48146
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Property summary

AI-generated overview

The property is a commercial building configured for retail use and located on Southfield Road, providing main-road visibility on a heavily traveled corridor with convenient access to nearby freeways. It includes an on-site parking area and additional public parking options; the parking area has been newly paved. The building features fully updated interior office space that includes a reception area and two ADA-compliant restrooms.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2019

What does the county charge?
$15k
Tax billed · 2019
Assessed value · 2024$131k
Effective rate11.49%

Value estimate

· Oct 2026
$290k
$261k – $319k
AI approach$290k
NOI build-up
Gross scheduled income$20k
Vacancy & credit loss−$5k
Operating expenses−$4k
NOI · 3.60% cap applied$12k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$94/SF
County average, outlier-cleaned · 234 recorded sales of this use type
Observed band · Q1–Q3$63 – $135
Qualifying comparables5

Cap rate analysis

How does the asset earn?
3.60%
$12k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 agency35.8
Law Firm25.4
Spa & Massage19.5

Location

1088 Southfield Rd Lincoln Park, MI 48146
County assessor Recorded deeds · 9 transfers 5 qualifying comp sales Zoning catalog · not on file

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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3677 Ft, Lincoln Park, MI 48146-4116 $359,000 Jan 2024 3,224 SF
4006 Ft, Lincoln Park, MI 48146-4111 $163,000 Aug 2023 2,870 SF
1755 Dix, Lincoln Park, MI 48146-1412 $175,000 Dec 2022 2,770 SF
3611 Ft, Lincoln Park, MI 48146-4103 $350,000 Sep 2022 3,240 SF
1158 Ft, Lincoln Park, MI 48146-1840 $120,000 Feb 2021 3,800 SF
25880 Outer, Lincoln Park, MI 48146-1553 $200,000 Aug 2019 4,304 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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