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Financial
Distress signals
Property profile

25048 6th Mile Rd Redford, MI 48240

OFF-MARKET
Manufacturing properties
Property ID
US43-5240005
2,000 SF 0.09 ac lot Built 1948
Last sale Apr 2026 · $120,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial building with approximately 3,900 square feet of interior space configured with an open floor plan. The layout is adaptable for a range of uses, including retail, office, service uses, or light industrial operations, and it can accommodate single-tenant or multi-tenant occupancy. The site provides ample parking, and the building is positioned in a high-traffic area with easy access from major roads. Zoning includes general commercial, light industrial, multiple, and…

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 · 2019

What does the county charge?
$3k
Tax billed · 2019
Assessed value · 2024$42k
Effective rate6.83%

Value estimate

· Oct 2026
$210k
$189k – $231k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$47/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$25 – $66
Qualifying comparables13

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency24.4
Law Firm22.5
Spa & Massage15.2

Location

25048 6th Mile Rd Redford, MI 48240-2178
County assessor Recorded deeds · 2 transfers 13 qualifying comp sales 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 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
26069 8th Mile, Redford, MI 48240-1135 $95,000 Sep 2024 2,520 SF
26361 8th Mile, Redford, MI 48240-1139 $53,000 Aug 2024 2,600 SF
25389 8th Mile, Redford, MI 48240-1004 $170,000 Apr 2024 2,216 SF
26902 7th Mile, Redford, MI 48240-2007 $109,500 Nov 2023 2,200 SF
25928 7th Mile, Redford, MI 48240-1807 $170,000 Jun 2022 1,600 SF
25613 7th Mile, Redford, MI 48240-1768 $55,000 Apr 2022 2,533 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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