Financial
Distress signals
Property profile

26201 Dequindre Rd Madison Heights, MI 48071

FOR SALE
Retail space
Property ID
US43-0547059
2,660 SF 0.27 ac lot Built 1989
Last sale Oct 2023 · $310,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. 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 mixed-use building constructed in 1989 with a total building area of approximately 2,660 square feet. It includes retail and office space featuring a 16-foot ceiling, epoxy showroom flooring, LED lighting, and an updated exterior with interior paint. The configuration also includes approximately 900 square feet of basement storage and two accompanying residential units. The building sits on a 0.27-acre parcel along Dequindre Road with 50 feet of frontage and is positioned just

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?
$12k
Tax billed · 2023
Assessed value · 2024$149k
Effective rate7.80%

Value estimate

· Sep 2026
$345k
$311k – $380k
NOI build-up
Gross scheduled income$45k
Vacancy & credit loss−$4k
Operating expenses−$12k
NOI · 6.73% cap applied$29k

Realmo valuation models over county records and 20 qualifying comparable sales.

Recently sold

What actually traded nearby?
$169/SF
County average, outlier-cleaned · 385 recorded sales of this use type
Observed band · Q1–Q3$79 – $263
Qualifying comparables20

Cap rate analysis

How does the asset earn?
6.73%
$29k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-3 GEN
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 agency35.7
Law Firm30.5
Spa & Massage22.9

Location

26201 Dequindre Rd Madison Heights, MI 48071
County assessor Recorded deeds · 4 transfers 20 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
456 14th Mile, Madison Heights, MI 48071-1404 $1,325,000 Aug 2023 3,131 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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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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