Financial
Distress signals
Property profile

9440 Elizabeth Lake Rd White Lake, MI 48386

FOR SALE
Retail space
Property ID
US43-1458720
2,441 SF 0.43 ac lot Built 1979
Last sale Mar 2022 · $385,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of two buildings totaling approximately 6,300 square feet, located in White Lake Charter Township, Michigan. The first building contains approximately 2,441 square feet and is configured for office use with five offices, a boardroom, a kitchen/coffee center area, and bathrooms. The second building provides approximately 3,872 square feet of warehouse and storage space, including a mezzanine and loading doors measuring 12 feet and 8 feet in height. The site includes 16 parking spaces.

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?
$6k
Tax billed · 2023
Assessed value · 2024$132k
Effective rate4.72%

Value estimate

· Sep 2026
$525k
$473k – $578k
NOI build-up
Gross scheduled income$46k
Vacancy & credit loss−$2k
Operating expenses−$7k
NOI · 8.07% cap applied$38k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$169/SF
County average, outlier-cleaned · 385 recorded sales of this use type
Observed band · Q1–Q3$79 – $263
Qualifying comparables11

Cap rate analysis

How does the asset earn?
8.07%
$38k 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?
GB
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency15.9
Restaurant15.2
Hair Salon13.4

Location

9440 Elizabeth Lake Rd White Lake, MI 48386
County assessor Recorded deeds · 13 transfers 11 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9400 Gale, White Lake, MI 48386-1418 $225,000 Aug 2025 1,596 SF
8431 Highland, White Lake, MI 48386-2018 $425,000 Feb 2024 5,400 SF
9136 Highland, White Lake, MI 48386-2032 $971,250 Mar 2023 6,900 SF
305 Un Lk, White Lake, MI 48386-3169 $165,000 Dec 2022 4,570 SF
8240 Highland, White Lake, MI 48386-2013 $500,000 Jul 2020 2,870 SF
10580 Highland, White Lake, MI 48386-2142 $1,200,000 Jan 2020 5,220 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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