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Financial
Distress signals
Property profile

24435 Halsted Rd Farmington Hills, MI 48335

OFF-MARKET
Office buildings
Property ID
US43-5286196
13,893 SF 0.74 ac lot Built 1966
Last sale Jan 2025 · $836,817
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a freestanding industrial/flex building with a total gross floor area of 15,170 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value · 2024$472k
Assessed land$53k
Assessed improvement$419k
Effective rate2.47%

Value estimate

· Oct 2026
$760k
$684k – $836k
AI approach$785k
CAP approach$785k
Submarket $/SF estimate$591k

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

Recently sold

What actually traded nearby?
$120/SF
Submarket average, outlier-cleaned · 65 recorded sales of this use type
Observed band · Q1–Q3$92 – $151
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?
II
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 agency19.1
Dental Office18.0
Hair Salon17.3

Location

24435 Halsted Rd Farmington Hills, MI 48335-1669
County assessor Recorded deeds · 8 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
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
34034 8th Mile, Farmington, MI 48335-5222 $925,000 Jun 2025 6,638 SF
33900 8th Mile, Farmington, MI 48335-5203 $1,250,000 Nov 2022 12,882 SF
36520 Grand Riv, Farmington, MI 48335-3014 $1,950,000 Jan 2022 18,616 SF
24125 Drake, Farmington Hills, MI 48335-3108 $1,195,000 Dec 2021 10,304 SF
33930 8th Mile, Farmington, MI 48335-5272 $900,000 Dec 2019 9,758 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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