Property profile

117 Lafayette St South Lyon, MI 48178

OFF-MARKET
Retail space
Saved · see the list in your Dashboard
Property ID
US43-5288666
6,708 SF 0.19 ac Built 1920
Last sale Dec 2016·$505,000
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.
Market Trends Soon

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 · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value · 2024$255k
Effective rate4.47%

Value estimate

· Nov 2026
$555k
$500k – $611k
Submarket $/SF estimate$760k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$169/SF
County average, outlier-cleaned · 385 recorded sales of this use type
Observed band · Q1–Q3$79 – $263
Qualifying comparables7

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?
BI
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 agency27.3
Law Firm25.5
Restaurant17.9

Location

117 Lafayette St South Lyon, MI 48178-4400
County assessor Recorded deeds · 4 transfers 7 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
22645 Pontiac, South Lyon, MI 48178-1601 $300,000 Aug 2025 4,394 SF
134 Lk, South Lyon, MI 48178-1899 $665,000 Nov 2023 5,404 SF
553 Lafayette, South Lyon, MI 48178-1453 $1,050,000 Jul 2023 6,865 SF
224 Lafayette, South Lyon, MI 48178-1406 $475,000 Dec 2022 9,040 SF
116 Lk, South Lyon, MI 48178-1409 $245,000 Sep 2022 3,506 SF
320 Lafayette, South Lyon, MI 48178-1253 $110,000 Jun 2019 2,678 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 117 Lafayette St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Why this one?
Saved