Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

28000 Park Dr Novi, MI 48377

OFF-MARKET
Commercial real estate
Property ID
US43-1974394
76,492 SF 5.87 ac lot Built 2006
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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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?
$149k
Tax billed · 2023
Assessed value$3.54M
Effective rate4.20%

Value estimate

· Nov 2026
$5.04M
$4.54M – $5.54M
Submarket $/SF estimate$8.76M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$148/SF
Submarket average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$100 – $212

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?
I-1
I-1 Light Industrial District 129 - - - Found in multiple Articles and Sections 1900 Intent 129 3 3.1.18.A 3-40 1901 Principal Uses Permi...
General categoryINDUSTRIAL
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Furniture Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Furniture Store8.8
Convenience Store8.8
Locksmith8.7

Location

28000 Park Dr Novi, MI 48377-1386
County assessor Recorded deeds · not on file Qualifying comp sales · not on file 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
42450 12th Mile, Novi, MI 48377-3013 $1,100,000 Nov 2025 22,929 SF
46785 Magellan, Novi, MI 48377-2453 $1,650,000 Aug 2022 16,027 SF
31260 Wakefield, Novi, MI 48377-4514 $500,000 Jun 2022 10,376 SF
27780 Novi, Novi, MI 48377-3401 $5,450,000 Apr 2022 39,714 SF
2150 Old Novi, Novi, MI 48377-2070 $764,463 Jan 2022 2,994 SF
41555 12th Mile, Novi, MI 48377-3103 $6,150,000 Aug 2020 40,138 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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