Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

24520 Meadowbrook Rd Novi, MI 48375

OFF-MARKET
Commercial real estate
Property ID
US43-1030339
5,512 SF 0.78 ac lot Built 1985
Last sale Apr 2023 · $630,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 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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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?
$15k
Tax billed · 2023
Assessed value$362k
Effective rate4.10%

Value estimate

· Nov 2026
$820k
$738k – $902k
CAP approach$860k
Submarket $/SF estimate$842k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$135/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$100 – $194
Qualifying comparables5

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?
RM-1
902.1 All Principal Uses Permitted in RM-1 conditions 55 4 4.63 4-27 902.2 Day care centers and adult day care... conditions 56 4 4.12.3 ...
General categoryUNKNOWN
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Clothing Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Clothing Store10.0
Barber Shop9.7
Tailor Shop9.5

Location

24520 Meadowbrook Rd Novi, MI 48375-2866
County assessor Recorded deeds · 7 transfers 5 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
26100 Novi, Novi, MI 48375-1139 $370,500 Dec 2024 4,977 SF
44375 Grand Riv, Novi, MI 48375-1156 $920,000 Oct 2024 5,759 SF
40245 Grand Riv, Novi, MI 48375-2119 $900,000 May 2024 6,369 SF
40001 Grand Riv, Novi, MI 48375-2172 $350,000 Feb 2024 4,494 SF
42300 11th Mile, Novi, MI 48375-1817 $3,500,000 Jan 2024 4,608 SF
24555 Novi, Novi, MI 48375-2409 $1,950,000 Jun 2023 4,948 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

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