Financial
Distress signals
Property profile

29016 Frd Rd Garden City, MI 48135

OFF-MARKET
Other commercial real estate
Property ID
US43-1231846
4,210 SF 0.68 ac lot Built 1929
Last sale May 2017 · $240,000
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. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 2,230-square-foot office unit built in 1929, zoned for Commercial use. The space is configured to support medical use, professional office use, and retail use, providing flexibility for multiple business types. The property includes on-site parking and is located along Ford Road in Garden City within a commercial corridor that also features nearby restaurants and residential neighborhoods, with major roadway access supporting convenient arrival for employees and visitors.

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 · 2019

What does the county charge?
$6k
Tax billed · 2019
Assessed value · 2024$149k
Effective rate3.90%

Value estimate

· Sep 2026
$240k
$216k – $264k
Submarket $/SF estimate$581k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$110/SF
County average, outlier-cleaned · 610 recorded sales of this use type
Observed band · Q1–Q3$45 – $195
Qualifying comparables9

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 agency26.0
Law Firm20.0
Parking Facility13.1

Location

29016 Frd Rd Garden City, MI 48135-2846
County assessor Recorded deeds · 5 transfers 9 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
31268 Frd, Garden City, MI 48135-1872 $300,000 Apr 2025 No data
29447 Frd Rd, Garden City, MI 48135-2319 $2,600,000 Feb 2025 No data
615 Inkster, Garden City, MI 48135-3167 $750,000 Apr 2024 No data
29137 Frd, Garden City, MI 48135-2891 $400,000 Nov 2023 23,276 SF
1740 Middlebelt, Garden City, MI 48135-2817 $250,000 Oct 2023 4,748 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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