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Financial
Distress signals
Property profile

121 Long Lk Rd Fl 3 Bloomfield Hills, MI 48304

OFF-MARKET
Office buildings
Property ID
US43-1820220
18,060 SF 1.43 ac lot Built 1998
Last sale May 1998
Entity Owned Owner of record is a legal entity (LLC / corporation). 28-yr Hold Held for 28 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a three-story office building constructed in 1998, containing approximately 18,060 square feet, with a multi-tenant configuration. It features renovated common areas and an updated tenant suite with high-end finishes, and provides parking immediately outside the main entrance. The building is located at 121 W. Long Lake Road in Bloomfield Hills, near Woodward Avenue and other major regional routes, in a wooded setting with walkable access to nearby retail and services. The site is in a professional services-oriented area of Metro Detroit.

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?
$57k
Tax billed · 2023
Assessed value · 2024$1.43M
Effective rate3.96%

Value estimate

· Oct 2026
$2.74M
$2.47M – $3.01M
Submarket $/SF estimate$3.01M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$117/SF
County average, outlier-cleaned · 427 recorded sales of this use type
Observed band · Q1–Q3$71 – $167
Qualifying comparables8

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.2
HVAC Service10.0
Kitchen & Bath9.3

Location

121 Long Lk Rd Fl, Unit 3 Bloomfield Hills, MI 48304-2716
County assessor Recorded deeds · 7 transfers 8 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

5 recorded sales · 14 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
74 Long Lk Rd, Bloomfield Hills, MI 48304-2397 $2,600,000 May 2025 7,278 SF
42690 Woodward, Bloomfield Hills, MI 48304-5062 $1,550,000 Apr 2022 18,251 SF
40950 Woodward Ave, Bloomfield Hills, MI 48304-5128 $16,500,000 Mar 2021 127,197 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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