Financial
Distress signals
Property profile

1055 9th Mile Rd Hazel Park, MI 48030

OFF-MARKET
Retail space
Property ID
US43-1584076
3,100 SF 0.23 ac lot Built 2006
Last sale Nov 2006 · $200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Hazel Park, Michigan retail investment opportunity presents a 3,607 square foot building situated on a 0.23-acre lot at 1055 E 9 Mile Rd, zip code 48030. The property, categorized as a shopping center, offers two separate units, providing flexibility for diverse retail uses. Located in Oakland County, its prime position on E 9 Mile Road ensures high visibility and accessibility, maximizing business potential. The asking price is $400,000, representing a price per square foot

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$12k
Tax billed · 2023
Assessed value · 2024$174k
Effective rate6.70%

Value estimate

· Sep 2026
$220k
$198k – $242k

Realmo valuation models over county records and 20 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 comparables20

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?
BI
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 agency24.4
Law Firm20.5
Hair Salon15.7

Location

1055 9th Mile Rd Hazel Park, MI 48030-1855
County assessor Recorded deeds · 6 transfers 20 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
21039 Dequindre, Hazel Park, MI 48030-2610 $210,000 Jan 2022 2,475 SF
24524 John R, Hazel Park, MI 48030-1142 $800,000 Sep 2021 2,475 SF
22228 John R, Hazel Park, MI 48030-1717 $218,000 Aug 2021 3,546 SF
11 8th Mile, Hazel Park, MI 48030-2501 $473,308 Oct 2020 2,914 SF
24500 John R, Hazel Park, MI 48030-1142 $175,000 Apr 2020 2,896 SF
24932 John R, Hazel Park, MI 48030-1199 $250,000 Jan 2019 2,778 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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