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Financial
Distress signals
Property profile

17225 Federal Dr Allen Park, MI 48101

FOR LEASE
Office buildings
Property ID
US43-1515332
68,040 SF 8.91 ac lot Built 1993
Last sale Feb 2026
Entity Owned Owner of record is a legal entity (LLC / corporation). 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 industrial property, located at 17225 Federal Drive in Allen Park, Michigan, offers 67,751 square feet of versatile space within the Fairlane Business Park. Currently, 14,326 square feet is available for lease, ideal for distribution or research and development (R&D) operations. The building boasts a desirable 16-foot ceiling height, providing ample room for storage and various industrial uses. The property is zoned for R&D, ensuring compliance with a wide range of business…

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?
$80k
Tax billed · 2023
Assessed value · 2024$1.15M
Effective rate6.90%

Value estimate

· Oct 2026
$720k
$648k – $792k
Submarket $/SF estimate$3.70M
NOI build-up
Gross scheduled income$520k
Vacancy & credit loss−$19k
Operating expenses−$150k
NOI · 3,507,530.00% cap applied$351k

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?
3,507,530.00%
$351k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
RD RESEARCH
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 agency23.6
Dental Office20.8
Restaurant20.7

Location

17225 Federal Dr Allen Park, MI 48101
County assessor Recorded deeds · 3 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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