Financial
Distress signals
Property profile

19242 Newburgh Rd Livonia, MI 48152

OFF-MARKET
Strip malls
Property ID
US43-1240067
11,970 SF 1.22 ac lot Built 1996
Last sale Nov 2016 · $1,425,000
Individually Owned Owner of record is an individual. 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

An end-cap retail space built in 1996, located along Newburgh Road in Livonia and positioned for visibility from a main roadway. The property is configured to support either office or retail use, depending on the tenant’s requirements, and is situated near expressways. Area walk and bike scores are reported as 39 and 55, respectively, and the retail occupancy structure is described as NNN.

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.

Mortgages

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?
$34k
Tax billed · 2023
Assessed value · 2024$662k
Effective rate5.08%

Value estimate

· Sep 2026
$1.52M
$1.37M – $1.67M
Submarket $/SF estimate$1.29M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$80/SF
County average, outlier-cleaned · 116 recorded sales of this use type
Observed band · Q1–Q3$48 – $108

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop12.9
Building Supply12.6
Wholesale Shop11.8

Location

19242 Newburgh Rd Livonia, MI 48152-1027
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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
20325 Middlebelt, Livonia, MI 48152-2003 $700,000 Nov 2024 8,372 SF
18730 Middlebelt, Livonia, MI 48152-3528 $1,042,750 Sep 2024 12,212 SF
18750 Middlebelt, Livonia, MI 48152-3528 $1,382,250 Sep 2024 20,276 SF
28911 7th Mile, Livonia, MI 48152-3503 $880,000 May 2023 8,400 SF
33467 8th Mile, Livonia, MI 48152-1201 $1,350,000 Jul 2020 19,425 SF
19618 Middlebelt, Livonia, MI 48152-2126 $1,000,000 Mar 2019 7,755 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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