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Financial
Distress signals
Property profile

1950 Austin Dr Troy, MI 48083

OFF-MARKET
Industrial properties
Property ID
US43-0973539
28,955 SF 1.69 ac lot Built 1986
Last sale Jun 2011 · $725,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 28,955 square foot mixed-use industrial building presents a remarkable investment or end-user opportunity in the thriving heart of Oakland County, Michigan. Situated on a 1.69-acre lot, this property boasts a sophisticated, professionally designed layout combining open office space with a rear warehouse and storage area. The office area features an elegant design with ornate finishes, glass curtain partitions, Euro post framing, updated bathrooms, and a dedicated executive…

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.

Debts

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 · 2022

What does the county charge?
$21k
Tax billed · 2022
Assessed value$911k
Effective rate2.35%

Value estimate

· Oct 2026
$760k
$684k – $836k
Submarket $/SF estimate$2.50M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$90/SF
ZIP average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$65 – $114
Qualifying comparables5

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?
M-1
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office14.5
Restaurant14.1
Grocery Store12.4

Location

1950 Austin Dr Troy, MI 48083-2205
County assessor Recorded deeds · 8 transfers 5 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2876 Elliott, Troy, MI 48083-4635 $1,350,000 Jan 2026 11,520 SF
351 Executive, Troy, MI 48083-4533 $1,750,000 Jun 2025 18,232 SF
2237 Elliott, Troy, MI 48083-4502 $1,240,710 Apr 2024 12,612 SF
1130 Livernois, Troy, MI 48083-2711 $1,350,000 Mar 2024 13,552 SF
1080 Naughton, Troy, MI 48083-1910 $1,150,000 Dec 2023 12,331 SF
33801 Dequindre, Troy, MI 48083-4631 $525,000 Sep 2023 27,880 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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