Financial
Distress signals
Property profile

10424 Pelham Rd Taylor, MI 48180

FOR SALE
Medical Office Space
Property ID
US43-1236620
2,325 SF 0.46 ac lot Built 1950
Last sale Jun 2022 · $300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 10424 Pelham Road in Taylor is a medical office building constructed in 1950, situated on nearly half an acre and located within a commercial zoning designation. The interior has been refreshed with replaced/updated flooring, cabinetry, paint, and contemporary finishes. The floor plan includes four exam rooms, a private provider office, laboratory space, a reception area, kitchen and break-room space, substantial storage, and an in-house pharmacy setup. The site is positioned…

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 · 2019

What does the county charge?
$5k
Tax billed · 2019
Assessed value · 2024$135k
Effective rate3.88%

Value estimate

· Sep 2026
$275k
$248k – $303k
NOI build-up
Gross scheduled income$47k
Vacancy & credit loss−$6k
Operating expenses−$16k
NOI · 4.90% cap applied$24k

Realmo valuation models over county records and 6 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 comparables6

Cap rate analysis

How does the asset earn?
4.90%
$24k 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?
B-2
District is intended to serve a larger population than is serviced by a B-1 district and the district is general characterized by an inte...
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 agency38.9
Law Firm35.0
Restaurant26.7

Location

10424 Pelham Rd Taylor, MI 48180
County assessor Recorded deeds · 4 transfers 6 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8400 Pelham, Taylor, MI 48180-3834 $85,000 Dec 2023 3,541 SF
21751 Ecorse, Taylor, MI 48180-1846 $380,000 Oct 2023 2,968 SF
25507 Ecorse, Taylor, MI 48180-1555 $260,000 Jun 2023 3,200 SF
25426 Goddard, Taylor, MI 48180-6200 $85,000 Jul 2022 1,512 SF
21801 Goddard, Taylor, MI 48180-4213 $290,000 Jan 2021 2,873 SF
25400 Goddard, Taylor, MI 48180-6200 $90,000 Nov 2019 1,512 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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