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Financial
Distress signals
Property profile

28220 Franklin Rd Southfield, MI 48034

OFF-MARKET
Office buildings
Property ID
US43-2413932
6,645 SF 0.72 ac lot Built 1984
Last sale Sep 2017 · $122,005
Individually Owned Owner of record is an individual. 9-yr Hold Held for 9 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.

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 · 2022

What does the county charge?
$13k
Tax billed · 2022
Assessed value$216k
Assessed land$45k
Assessed improvement$171k
Effective rate6.20%

Value estimate

· Oct 2026
$315k
$284k – $347k
AI approach$315k

Realmo valuation models over county records and 6 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 comparables6

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?
OS
Theoffice-service district (O-S) is designed to accommodate various types ofofficeuses performing administrative, professional and person...
General categoryUNKNOWN
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.2
Grocery Store11.2
Daycare Center10.9

Location

28220 Franklin Rd Southfield, MI 48034-1659
County assessor Recorded deeds · 4 transfers 6 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
27400 Northwestern, Southfield, MI 48034-4724 $2,200,000 Nov 2022 125,000 SF
29792 Telegraph, Southfield, MI 48034-7670 $717,500 May 2021 8,912 SF
28819 Franklin, Southfield, MI 48034-5520 $3,200,000 Apr 2019 32,416 SF
28444 Franklin, Southfield, MI 48034-5504 $560,000 Feb 2019 7,200 SF
28382 Franklin, Southfield, MI 48034-5503 $600,000 Dec 2018 7,200 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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