$849,000 4,859 SF

206 E Liberty St, Milford, MI 48381
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The property at 206 E Liberty Street, Milford, Michigan (48381) is a mixed-use building that combines approximately 2,500 square feet of office space with two residential units, each approximately 1,500 square feet. The building is configured to support both commercial and residential uses under one ownership and includes a private parking lot for on-site parking servicing residents and office occupants. It is located in downtown Milford.

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 · 2023

What does the county charge?

$14k

Tax billed · 2023

Assessed value · 2024$354k

Effective rate4.02%

Value estimate

· Oct 2026

$710k

$639k – $781k

Submarket $/SF estimate$810k

NOI build-up

Gross scheduled income$95k

Vacancy & credit loss−$4k

Operating expenses−$27k

NOI · 7.48% cap applied$64k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?

$117/SF

County average, outlier-cleaned · 427 recorded sales of this use type

Observed band · Q1–Q3$71 – $167

Qualifying comparables11

Cap rate analysis

How does the asset earn?

7.48%

$64k 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?

JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?

Best fit: Auto Parts Store

Demand index

Auto Parts Store13.2

Hair Salon12.9

HVAC Service12.8

206 E Liberty St Milford, MI 48381

County assessor Recorded deeds · 6 transfers 11 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 · 15 properties nearby

Address Sale price Sold Size

1150 Corporate Ofc, Milford, MI 48381-5000 $1,050,000 Mar 2025 7,560 SF

1181 Milford, Milford, MI 48381-1061 $1,050,000 Jun 2024 8,573 SF

334 Un, Milford, MI 48381-1966 $489,900 Feb 2023 3,084 SF

129 Commerce, Milford, MI 48381-1917 $434,000 Nov 2021 5,250 SF

620 Milford, Milford, MI 48381-1534 $200,000 Jul 2021 2,472 SF

209 Liberty, Milford, MI 48381-5311 $250,000 Jun 2021 2,783 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

Value Estimation
$380,000

5,265 SF

800 Concrete Dr

OFFICE BUILDING

800 Concrete Dr, Milford, MI 48381-1511

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Value Estimation
$580,000

5,345 SF

317 Un St

OFFICE BUILDING

317 Un St, Milford, MI 48381-1983

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Value Estimation
$585,000

4,319 SF

2985 Childs Lk Rd

OFFICE BUILDING

2985 Childs Lk Rd, Milford, MI 48381-3694

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Value Estimation
$390,000

3,328 SF

371 Main St

OFFICE BUILDING

371 Main St, Milford, MI 48381-1925

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Value Estimation
$360,000

3,140 SF

211 Commerce St

OFFICE BUILDING

211 Commerce St, Milford, MI 48381-1919

View Details
Value Estimation
$445,000

3,057 SF

320 Commerce St

OFFICE BUILDING

320 Commerce St, Milford, MI 48381-1892

View Details

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