Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

12990 8th Mile Rd Oak Park, MI 48237

OFF-MARKET
Industrial properties
Property ID
US43-0981827
14,301 SF 0.96 ac lot Built 1954
Last sale Jan 2015
Trust Owned Owner of record is a trust. 11-yr Hold Held for 11 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
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. 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?
$17k
Tax billed · 2023
Assessed value · 2024$242k
Assessed land$53k
Assessed improvement$189k
Effective rate7.18%

Value estimate

· Oct 2026
$415k
$374k – $457k
CAP approach$1.07M
Submarket $/SF estimate$485k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$83/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$38 – $129
Qualifying comparables16

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?
LI
LI light industrial. The light industrial district regulations are established to provide sites for manufacturing plants, warehousing, re...
General categoryINDUSTRIAL
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 agency70.4
Dental Office43.5
Law Firm43.1

Location

12990 8th Mile Rd Oak Park, MI 48237-3200
County assessor Recorded deeds · 1 transfer 16 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
21721 Republic, Oak Park, MI 48237-2365 $1,150,000 Apr 2023 17,375 SF
12992 8th Mile, Oak Park, MI 48237-3214 $1,920,000 Oct 2022 14,480 SF
12741 Capital, Oak Park, MI 48237-3113 $400,000 Sep 2022 14,056 SF
10240 Capital, Oak Park, MI 48237-3131 $500,000 Sep 2022 13,216 SF
13240 Capital, Oak Park, MI 48237-3107 $115,000 Jan 2022 15,141 SF
21380 Coolidge, Oak Park, MI 48237-3204 $750,000 Aug 2021 11,601 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12990 8th Mile Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again