Financial
Distress signals
Property profile

24624 10th Mile Rd Southfield, MI 48033

OFF-MARKET
Office buildings
Property ID
US43-1586986
3,825 SF 1 ac lot Built 1975
Last sale Jun 2020 · $215,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. 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?
$10k
Tax billed · 2022
Assessed value$167k
Assessed land$44k
Assessed improvement$123k
Effective rate6.21%

Value estimate

· Sep 2026
$240k
$216k – $264k
AI approach$245k

Realmo valuation models over county records and 17 qualifying comparable sales.

Recently sold

What actually traded nearby?
$79/SF
Submarket average, outlier-cleaned · 64 recorded sales of this use type
Observed band · Q1–Q3$44 – $114
Qualifying comparables17

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?
ERO
The Education-Research-OfficeDistricts (ERO-M, ERO) are designed to accommodate various types ofofficeuses performing administrative, pro...
General categoryUNKNOWN
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 agency31.0
Dental Office24.8
Wholesale Shop23.6

Location

24624 10th Mile Rd Southfield, MI 48033-4833
County assessor Recorded deeds · 2 transfers 17 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
24489 Telegraph, Southfield, MI 48033-3017 $733,769 Jul 2025 2,976 SF
24470 Telegraph, Southfield, MI 48033-3018 $380,000 May 2025 3,750 SF
22575 Telegraph, Southfield, MI 48033-4106 $465,000 Jul 2024 3,530 SF
24750 Lahser, Southfield, MI 48033-6012 $475,000 Mar 2024 4,018 SF
26500 Telegraph, Southfield, MI 48033-5349 $1,200,000 Apr 2021 3,653 SF
23381 Telegraph, Southfield, MI 48033-4119 $150,000 Mar 2019 3,200 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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