Property profile

118 Lk St South Lyon, MI 48178

OFF-MARKET
Retail space
Saved · see the list in your Dashboard
Property ID
US43-1695673
7,916 SF 0.09 ac Built 1920
Entity Owned Owner of record is a legal entity (LLC / corporation). 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 · 2021

What does the county charge?
$5k
Tax billed · 2021
Assessed value · 2023$239k
Effective rate2.21%

Value estimate

· Nov 2026
$285k
$257k – $314k
Submarket $/SF estimate$711k

Realmo valuation models over county records and 6 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 comparables6

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 agency17.6
Law Firm17.2
Kitchen & Bath11.8

Location

118 Lk St South Lyon, MI 48178-1409
County assessor Recorded deeds · not on file 6 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
22645 Pontiac, South Lyon, MI 48178-1601 $300,000 Aug 2025 4,394 SF
134 Lk, South Lyon, MI 48178-1899 $665,000 Nov 2023 5,404 SF
553 Lafayette, South Lyon, MI 48178-1453 $1,050,000 Jul 2023 6,865 SF
224 Lafayette, South Lyon, MI 48178-1406 $475,000 Dec 2022 9,040 SF
116 Lk, South Lyon, MI 48178-1409 $245,000 Sep 2022 3,506 SF
117 Lafayette, South Lyon, MI 48178-4400 $505,000 Apr 2019 6,708 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
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