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Financial
Distress signals
Property profile

16630 Southfield Rd Allen Park, MI 48101

FOR LEASE
Office buildings
Property ID
US43-0404982
637,176 SF 39.11 ac lot Built 1957
Last sale Dec 2009 · $24,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 16,000 square foot retail strip center in Allen Park, Michigan, presents a unique investment opportunity. Located at 16630 Southfield Road, in the Southern Wayne submarket of Wayne County, this property sits on a generous 5-acre lot and offers flexible space options. The entire 16,000 square feet is currently vacant, providing a blank canvas for a single large tenant or the potential for multiple smaller tenants. Minimum divisible space is 3,000 square feet, allowing for…

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?
$287k
Tax billed · 2023
Assessed value · 2024$6.32M
Effective rate4.55%

Value estimate

· Oct 2026
$24.79M
$22.31M – $27.27M
Submarket $/SF estimate$34.65M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$93/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$54 – $120

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?
C 6C
General categoryMIXED_USE
JurisdictionWAYNE

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 agency22.8
Law Firm18.8
HVAC Service11.3

Location

16630 Southfield Rd Allen Park, MI 48101
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
10551 Allen, Allen Park, MI 48101-3305 $400,000 Feb 2025 9,976 SF
8258 Allen, Allen Park, MI 48101-1402 $135,000 Aug 2024 2,800 SF
6736 Allen, Allen Park, MI 48101-2006 $292,000 Oct 2023 5,427 SF
6735 Park, Allen Park, MI 48101-2033 $400,000 Dec 2022 3,885 SF
10501 Allen, Allen Park, MI 48101-1281 $400,000 Jan 2022 9,976 SF
6790 Allen, Allen Park, MI 48101-2006 $260,000 Dec 2021 3,042 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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