Property profile

22031 Coolidge Hwy Oak Park, MI 48237

FOR LEASE
Retail space
Saved · see the list in your Dashboard
Property ID
US43-1676906
3,000 SF 0.09 ac Built 1968
Last sale Oct 2022·$225,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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?
$5k
Tax billed · 2023
Assessed value$70k
Assessed land$12k
Assessed improvement$58k
Effective rate7.58%

Value estimate

· Nov 2026
$310k
$279k – $341k
AI approach$245k
NOI build-up
Gross scheduled income$50k
Vacancy & credit loss−$4k
Operating expenses−$14k
NOI$32k

Realmo valuation models over county records and 23 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 comparables23

Cap rate analysis

How does the asset earn?
$32k 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

22031 Coolidge Hwy Oak Park, MI 48237
County assessor Recorded deeds · 3 transfers 23 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
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
25901 Coolidge, Oak Park, MI 48237-1108 $350,000 Jun 2022 4,231 SF
26031 Coolidge, Oak Park, MI 48237-1109 $204,500 Sep 2021 3,383 SF
8580 9th Mile, Oak Park, MI 48237-2319 $180,000 Oct 2019 4,267 SF
26001 Coolidge, Oak Park, MI 48237-1109 $90,000 Jul 2019 2,625 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
Why this one?
Saved