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. 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?

$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 11 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 comparables11

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?

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

129 Commerce St Milford, MI 48381-1917

County assessor Recorded deeds · 2 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 · 15 properties nearby

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

Value Estimation
$380,000

5,265 SF

800 Concrete Dr

OFFICE BUILDING

800 Concrete Dr, Milford, MI 48381-1511

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Value Estimation
$580,000

5,345 SF

317 Un St

OFFICE BUILDING

317 Un St, Milford, MI 48381-1983

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Value Estimation
$585,000

4,319 SF

2985 Childs Lk Rd

OFFICE BUILDING

2985 Childs Lk Rd, Milford, MI 48381-3694

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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

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129 Commerce St Milford, MI 48381

Property summary