Financial
Distress signals
Property profile

14350 W Eight Mile Rd Oak Park, MI 48237

FOR LEASE
Retail space
Property ID
US43-1228655
2,088 SF 0.09 ac lot Built 1953
Last sale Mar 2025 · $315,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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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. 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?
$3k
Tax billed · 2023
Assessed value$48k
Assessed land$12k
Assessed improvement$36k
Effective rate6.48%

Value estimate

· Sep 2026
$170k
$153k – $187k
NOI build-up
Gross scheduled income$15k
Vacancy & credit loss−$571
Operating expenses−$4k
NOI · 86,708.33% cap applied$10k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$69/SF
Submarket average, outlier-cleaned · 738 recorded sales of this use type
Observed band · Q1–Q3$30 – $113
Qualifying comparables15

Cap rate analysis

How does the asset earn?
86,708.33%
$10k 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-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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.4
Convenience Store10.6
Parking Facility10.5

Location

14350 W Eight Mile Rd Oak Park, MI 48237
County assessor Recorded deeds · 6 transfers 15 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
25651 Coolidge, Oak Park, MI 48237-1306 $365,000 May 2023 1,960 SF
25941 Coolidge, Oak Park, MI 48237-1108 $90,000 May 2023 3,208 SF
8140 9th Mile, Oak Park, MI 48237-2341 $300,000 Jan 2023 2,154 SF
22031 Coolidge, Oak Park, MI 48237-2812 $225,000 Oct 2022 3,000 SF
26001 Coolidge, Oak Park, MI 48237-1109 $90,000 Jul 2019 2,625 SF
13621 11th Mile, Oak Park, MI 48237-1151 $120,000 May 2019 1,650 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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