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Financial
Distress signals
Property profile

129 Commerce St Milford, MI 48381

OFF-MARKET
Office buildings
Property ID
US43-0274026
5,250 SF 0.07 ac lot Built 1950
Last sale Nov 2021 · $434,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 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

The property at 129 E. Commerce Street is a multi-tenant office building located in Downtown Milford, situated within the Central Business District. It is configured to accommodate multiple occupants and is positioned to serve a pedestrian-oriented downtown environment. The building has on-site parking to support customer and employee access. Zoning is Central Business District, allowing for a range of office and retail uses, providing flexibility for office-oriented tenants seeking a downtown setting.

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.

Debts

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?
$7k
Tax billed · 2023
Assessed value · 2024$169k
Effective rate4.13%

Value estimate

· Oct 2026
$425k
$383k – $468k

Realmo valuation models over county records and 10 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 comparables10

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: HVAC Service
Demand index
HVAC Service11.6
Auto Parts Store10.9
Electrical Service10.7

Location

129 Commerce St Milford, MI 48381-1917
County assessor Recorded deeds · 1 transfer 10 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1150 Corporate Ofc, Milford, MI 48381-5000 $1,050,000 Mar 2025 7,560 SF
1181 Milford, Milford, MI 48381-1061 $1,050,000 Jun 2024 8,573 SF
334 Un, Milford, MI 48381-1966 $489,900 Feb 2023 3,084 SF
620 Milford, Milford, MI 48381-1534 $200,000 Jul 2021 2,472 SF
209 Liberty, Milford, MI 48381-5311 $250,000 Jun 2021 2,783 SF
2825 Maple, Milford, MI 48381-3647 $35,000 Dec 2020 1,852 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

Comparable nearby

  • Value Estimation
    $380,000
    5,265 SF
    800 Concrete Dr
    OFFICE BUILDING
    800 Concrete Dr, Milford, MI 48381-1511
    View Details
  • Value Estimation
    $580,000
    5,345 SF
    317 Un St
    OFFICE BUILDING
    317 Un St, Milford, MI 48381-1983
    View Details
  • Value Estimation
    $585,000
    4,319 SF
    2985 Childs Lk Rd
    OFFICE BUILDING
    2985 Childs Lk Rd, Milford, MI 48381-3694
    View Details
  • Value Estimation
    $1,220,000
    8,046 SF
    1501 Milford Rd
    OFFICE BUILDING
    1501 Milford Rd, Milford, MI 48381-1006
    View Details
  • Value Estimation
    $390,000
    3,328 SF
    371 Main St
    OFFICE BUILDING
    371 Main St, Milford, MI 48381-1925
    View Details
  • Value Estimation
    $1,050,000
    8,573 SF
    1181 Milford Rd
    OFFICE BUILDING
    1181 Milford Rd, Milford, MI 48381-1061
    View Details

Similar Nearby for Sale

  • $1,249,000
    8,573 SF
    Medical Office Building with Vacant Upper Floor
    Brick medical office property with move-in-ready upper-floor space, upgraded HVAC, LED lighting, and ADA ramps.
    1181 N Milford Road, Milford, MI 48381
    View Details
  • Contact for pricing
    10,626 SF
    Multi-Tenant Shopping Center
    Fully occupied center combines retail and office space with street and municipal parking.
    400 North Main Street, Milford, MI 48381
    View Details
  • New
    $300,000
    2,430 SF
    Historic Downtown Office Building
    Well-maintained single-tenant office building with residential space upstairs and garage access to Union Street.
    209 E. Liberty, Milford, MI 48381
    View Details

Similar Nearby for Lease

  • New
    Contact for pricing
    High Profile Office Building
    Professionally owned and managed office building with natural landscaping and abundant parking near restaurants.
    1800 N Milford Rd, Milford, MI 48381
    View Details
  • New
    Contact for pricing
    10,287 sqft
    RETAIL
    Retail space · 10,287 SF
    640 N Milford Rd, Milford, MI 48381
    View Details
  • New
    $12 SF/Yr
    Office Units with Private Offices
    Flexible office layout includes private rooms, open workspace, kitchenette, mailroom, and shared restroom access.
    950 Corporate Office Dr, Milford, MI 48381
    View Details
  • New
    $14.50 SF/Yr
    Office and Medical Condominium
    Meticulously maintained office/medical condominium with a new roof and parking lot, available for immediate occupancy.
    1150 Corporate Office Drive, Milford, MI 48381
    View Details
  • Contact for pricing
    19,728 sqft
    Office Suite with Private Offices
    C-1-zoned office space includes a kitchenette, mailroom, abundant windows, and access to a shared restroom.
    1050 Corporate Office Dr, Milford, MI 48381
    View Details
  • New
    $14 SF/Yr
    22,364 sqft
    Renovated Office Units
    Office spaces offer private entrances, parking, and a mix of dedicated work areas and shared common areas.
    2195 S Milford Rd, Milford, MI 48381
    View Details
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