Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

22750 Heslip Dr Novi, MI 48375

OFF-MARKET
Industrial properties
Property ID
US43-5243385
32,231 SF 2.73 ac lot Built 1978
Last sale Dec 2004 · $1,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional 32,230-square-foot industrial property, located at 22750 Heslip Drive in Novi, Michigan, 48375, presents a significant opportunity for businesses seeking ample space and robust infrastructure. The single-story building, constructed in 1978, sits on a 2.79-acre lot and is zoned for light industrial use. The entire 32,230 square feet is currently vacant, offering immediate occupancy. The high ceiling height of 18 feet 8 inches provides excellent vertical clearance for various…

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?
$32k
Tax billed · 2023
Assessed value$721k
Effective rate4.42%

Value estimate

· Oct 2026
$1.68M
$1.51M – $1.84M
Submarket $/SF estimate$1.98M

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

Recently sold

What actually traded nearby?
$81/SF
County average, outlier-cleaned · 341 recorded sales of this use type
Observed band · Q1–Q3$53 – $107
Qualifying comparables11

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
I-1 Light Industrial District 129 - - - Found in multiple Articles and Sections 1900 Intent 129 3 3.1.18.A 3-40 1901 Principal Uses Permi...
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 agency32.9
Restaurant24.5
Law Firm21.1

Location

22750 Heslip Dr Novi, MI 48375-4143
County assessor Recorded deeds · 4 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
22635 Heslip, Novi, MI 48375-4142 $1,050,000 Jul 2025 8,924 SF
25345 Novi, Novi, MI 48375-1641 $85,000 Sep 2023 5,603 SF
25425 Trans X, Novi, MI 48375-2445 $2,360,000 Dec 2021 50,584 SF
25475 Trans X, Novi, MI 48375-2445 $2,360,000 Dec 2021 6,077 SF
41144 Vincenti, Novi, MI 48375-1922 $1,075,000 May 2021 14,820 SF
22550 Heslip, Novi, MI 48375-4139 $500,000 Oct 2018 9,660 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 22750 Heslip Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again