Financial
Distress signals
Property profile

21720 8th Mile Rd Southfield, MI 48075

OFF-MARKET
Distribution centers
Property ID
US43-1497942
3,024 SF 2.4 ac lot Built 1953
Last sale Feb 2021 · $325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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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 · 2022

What does the county charge?
$13k
Tax billed · 2022
Assessed value$254k
Assessed land$44k
Assessed improvement$209k
Effective rate5.20%

Value estimate

· Sep 2026
$340k
$306k – $374k
AI approach$350k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$76/SF
County average, outlier-cleaned · 180 recorded sales of this use type
Observed band · Q1–Q3$48 – $129
Qualifying comparables6

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?
I-1
The intent of this zone is to promote industrial uses
General categoryINDUSTRIAL
JurisdictionOAKLAND

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 agency57.1
Restaurant44.8
Law Firm40.4

Location

21720 8th Mile Rd Southfield, MI 48075-5669
County assessor Recorded deeds · 3 transfers 6 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

5 recorded sales · 16 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
20905 Mapleridge, Southfield, MI 48075-5748 $500,000 Oct 2024 4,500 SF
20950 Boening, Southfield, MI 48075-5737 $365,000 Oct 2024 13,759 SF
21800 8th Mile, Southfield, MI 48075-5624 $1,040,000 Jun 2023 43,848 SF
18650 8th Mile, Southfield, MI 48075-4128 $325,000 Oct 2021 6,512 SF
19240 8th Mile, Southfield, MI 48075-5722 $425,000 Oct 2020 9,534 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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