Financial
Distress signals
Property profile

342 Main St Northville, MI 48167

OFF-MARKET
Commercial real estate
Property ID
US43-0404840
3,591 SF 0.32 ac lot
Last sale May 2022 · $500,000
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 exceptional executive office suite, located at 342 E Main St in Northville, MI, offers 2,135 square feet of sophisticated workspace in a newly constructed (2024) two-story building. The single-tenant space boasts a contemporary design and is situated on a 0.318-acre lot within the desirable Southern I-275 Corridor, zoned CBD. The building's total square footage is 4,144 square feet. Enjoy a private balcony overlooking the new Northville Downs mixed-use development, providing stunning

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$13k
Tax billed · 2023
Assessed value · 2024$197k
Effective rate6.46%

Value estimate

· Sep 2026
$630k
$567k – $693k
CAP approach$655k
Sales comparison$702k

Realmo valuation models over county records and 20 qualifying comparable sales.

Recently sold

What actually traded nearby?
$110/SF
County average, outlier-cleaned · 610 recorded sales of this use type
Observed band · Q1–Q3$45 – $195
Qualifying comparables20

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?
CBD
The purpose of the Central Business District is to create an area of high intensity urban conditions providing convenient and accessible ...
General categoryCOMMERCIAL
JurisdictionWAYNE

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
Pharmacy14.3
Electrical Service13.1
Convenience Store12.7

Location

342 Main St Northville, MI 48167-1697
County assessor Recorded deeds · 1 transfer 20 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
9760 7th Mile, Northville, MI 48167-9133 $600,000 Apr 2024 3,392 SF
209 Ctr, Northville, MI 48167-1517 $330,000 Aug 2023 1,238 SF
54899 8th Mile, Northville, MI 48167-9602 $550,000 Nov 2021 7,545 SF
410 Main, Northville, MI 48167-1696 $680,000 Nov 2021 1,992 SF
224 Main, Northville, MI 48167-1645 $550,000 Aug 2021 876 SF
20948 Taft, Northville, MI 48167-1004 $425,000 Mar 2019 2,807 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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