Entity Owned Property summary
The property consists of a single-story commercial building on a site located in Oak Park, Michigan, with approvals and feasibility considerations in place for redevelopment into a mid-rise mixed-use or multifamily project. The existing approval framework contemplates a building approximately 6 to 8 stories tall, including a parking structure and first-floor commercial space, with potential alternative configurations such as townhouse-style development or a mixed-use building incorporating… apartments and condos. The site includes the option for adjustments to the building approach to support access and entry onto the property, and there is stated verbal approval for below-grade excavation to create underground parking for a mid-rise development. The land behind the existing building is owned by the City of Oak Park, and the city may permit construction there as part of the overall development plan. Nearby amenities include restaurants and entertainment venues associated with the area’s developing downtown, and local parks are located within approximately a 5-minute drive. The area is served by Berkley Schools, and the site is characterized by a bike score of 43 and a walk score of 56, indicating it is somewhat bikeable and walkable.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,200 SF
- Lot area
- 0.26 ac
- Year built
- 1957
- Stories
- 1
- APN
- 52-25-19-202-007
- Zoning
- LI
- Assessed value · 2024
- $65,700
- Annual tax · 2023
- $3,544
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
LI light industrial. The light industrial district regulations are established to provide sites for manufacturing plants, warehousing, research laboratories and similar uses. Development is limited to uses that can be ca…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Alternative use
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