Financial
Distress signals
Property profile

28905 John R Rd 28941 Madison Heights, MI 48071

OFF-MARKET
Super regional malls
Property ID
US43-1818221
9,815 SF 0.69 ac lot Built 1960
Last sale May 1995 · $235,000
Individually Owned Owner of record is an individual. 29-yr Hold Held for 29 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional retail opportunity presents a 2,000 square foot end-cap space ideally situated at the high-traffic corner of John R Road and Twelve Mile Road. The property is classified as a retail space with multiple tenancy options. The building itself does not have a listed total square footage. This end-cap unit offers unparalleled visibility and accessibility for businesses seeking a prominent location. The high volume of traffic on both John R Road and Twelve Mile Road ensures…

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 · 2023

What does the county charge?
$17k
Tax billed · 2023
Assessed value · 2024$398k
Effective rate4.20%

Value estimate

· Sep 2026
$250k
$225k – $275k
Submarket $/SF estimate$835k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$93/SF
County average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$56 – $139
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?
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 agency53.7
Law Firm36.7
Restaurant31.1

Location

28905 John R Rd, Unit 28941 Madison Heights, MI 48071-2848
County assessor Recorded deeds · 1 transfer 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

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
27822 John R, Madison Heights, MI 48071-3366 $950,000 Sep 2021 10,075 SF
31075 John R, Madison Heights, MI 48071-2000 $1,800,000 Jul 2019 17,375 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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