Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

17625 23 Mile Rd Macomb, MI 48042

FOR LEASE
Flex space
Property ID
US43-1524080
9,961 SF 2.4 ac lot Built 1982
Last sale Jan 2018 · $675,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
17625 23 Mile Rd, Macomb, MI 48042 For Lease
$13.75 SF/Yr 9,961 SF available
17625 23 Mile Rd, Macomb, MI 48042
View Listing

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 · 2022

What does the county charge?
$19k
Tax billed · 2022
Assessed value · 2023$412k
Effective rate4.53%

Value estimate

· Nov 2026
$665k
$599k – $732k
Submarket $/SF estimate$938k
NOI build-up
Gross scheduled income$81k
Vacancy & credit loss−$5k
Operating expenses−$23k
NOI · 390,625.45% cap applied$54k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$65/SF
County average, outlier-cleaned · 489 recorded sales of this use type
Observed band · Q1–Q3$43 – $94
Qualifying comparables7

Cap rate analysis

How does the asset earn?
390,625.45%
$54k 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?
M1
JurisdictionMACOMB

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 agency31.7
Restaurant28.5
Dental Office25.3

Location

17625 23 Mile Rd Macomb, MI 48042
County assessor Recorded deeds · 1 transfer 7 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
46705 Erb, Macomb, MI 48042-5315 $1,100,000 Sep 2024 20,000 SF
17411 23rd Mile, Macomb, MI 48042-4103 $635,000 Aug 2023 23,604 SF
51160 Regency Ctr, Macomb, MI 48042-4130 $100,000 Aug 2023 23,710 SF
51221 Industrial, Macomb, MI 48042-4025 $1,400,000 Apr 2023 20,359 SF
24750 21st Mile, Macomb, MI 48042-5161 $1,700,000 Aug 2021 18,216 SF
51675 Regency Ctr, Macomb, MI 48042-4132 $50,000 Dec 2020 14,000 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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