Financial
Distress signals
Property profile

24605 Gibraltar Rd Flat Rock, MI 48134

FOR LEASE
Strip malls
View Listing
Property ID
US43-0041546
36,290 SF 4.91 ac lot Built 1965
Last sale Mar 2022 · $850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Gibraltar Plaza is a retail center located on Gibraltar Road between I-75 and Downtown Flat Rock. The property includes a newly constructed two-unit retail building on the front pad, with each unit measuring 1,440 square feet, for a total of 2,880 square feet of retail space. The building is designed with a modern façade, includes monument signage, and is supported by updated on-site parking. The plaza is configured for neighborhood-serving uses, with an existing tenant mix that has included a

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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 · 2023

What does the county charge?
$30k
Tax billed · 2023
Assessed value · 2024$443k
Effective rate6.87%

Value estimate

· Sep 2026
$785k
$707k – $864k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$80/SF
County average, outlier-cleaned · 116 recorded sales of this use type
Observed band · Q1–Q3$48 – $108

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon10.3
Spa & Massage9.8
Building Supply9.7

Location

24605 Gibraltar Rd Flat Rock, MI 48134
County assessor Recorded deeds · 4 transfers Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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