Financial
Distress signals
Property profile

19992 Kelly Rd Harper Woods, MI 48225

OFF-MARKET
Office buildings
Property ID
US43-4720129
21,302 SF 1.12 ac lot Built 1954
Last sale Dec 2022 · $41,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional two-story medical office building, totaling 21,451 square feet, presents a fantastic owner-user or investment opportunity in Wayne County. Situated on a 1.11-acre lot, the Class B building boasts convenient access to major thoroughfares, including I-94 and I-696, ensuring effortless commutes for both staff and patients. Constructed in 1958, the property offers a blend of established infrastructure and potential for modernization. Currently, 10,000 square feet of space is…

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?
$39k
Tax billed · 2023
Assessed value · 2024$366k
Effective rate10.72%

Value estimate

· Sep 2026
$1.00M
$900k – $1.10M
Submarket $/SF estimate$950k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$62/SF
Submarket average, outlier-cleaned · 206 recorded sales of this use type
Observed band · Q1–Q3$25 – $102
Qualifying comparables3

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?
C-1
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 agency29.1
Law Firm27.0
Auto Repair Shop15.8

Location

19992 Kelly Rd Harper Woods, MI 48225-1919
County assessor Recorded deeds · 9 transfers 3 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
20304 Harper, Harper Woods, MI 48225-1733 $325,000 Jun 2024 6,862 SF
20366 Harper, Harper Woods, MI 48225-1643 $85,000 May 2024 2,480 SF
20502 Harper, Harper Woods, MI 48225-1646 $300,000 Apr 2024 3,508 SF
19616 Kelly, Harper Woods, MI 48225-1915 $356,000 Apr 2023 4,001 SF
20490 Harper, Harper Woods, MI 48225-1645 $387,500 Aug 2022 4,413 SF
19898 Kelly, Harper Woods, MI 48225-1918 $35,000 Jan 2021 3,350 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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