Property profile

13650 8th Mile Rd Oak Park, MI 48237

OFF-MARKET
Office buildings
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Property ID
US43-5260627
3,867 SF 0.15 ac Built 1957
Last sale Dec 2005·$170,000
Individually Owned Owner of record is an individual. 20-yr Hold Held for 20 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

Property summary

AI-generated overview

This exceptional 3,867 square foot executive office building, located at 13650 West Eight Mile Road in Oak Park, Michigan, presents a compelling investment opportunity. Built in 1957 and completely renovated in 2010, the property boasts a prime location on Eight Mile Road, ensuring high visibility and accessibility. The building is currently occupied by a single tenant under a five-year lease, commencing November 1, 2022, with built-in annual rent escalations. This single-tenant investment…

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?
$6k
Tax billed · 2023
Assessed value$99k
Assessed land$7k
Assessed improvement$91k
Effective rate6.58%

Value estimate

· Nov 2026
$165k
$149k – $182k
AI approach$195k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$52/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$19 – $66
Qualifying comparables9

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?
B-1
B-1 neighborhood business. The B-1 neighborhood business districts are intended to meet the day-to-day convenience shopping and service n...
General categoryCOMMERCIAL
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm19.5
Realty agency19.5
Gym & Fitness11.4

Location

13650 8th Mile Rd Oak Park, MI 48237-2717
County assessor Recorded deeds · 4 transfers 9 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
21950 Wyoming, Oak Park, MI 48237-3102 $100,000 Sep 2024 5,189 SF
13671 11th Mile, Oak Park, MI 48237-1151 $195,000 Jun 2024 2,688 SF
10400 9th Mile, Oak Park, MI 48237-2914 $325,000 Jun 2023 4,688 SF
10450 9th Mile, Oak Park, MI 48237-2914 $510,000 Dec 2022 4,007 SF
21380 Greenfield, Oak Park, MI 48237-3030 $599,000 May 2022 3,239 SF
21910 Greenfield, Oak Park, MI 48237-2577 $170,000 Mar 2022 3,390 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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Includes: Price & PSF · Cap rate · Location · Zoning

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