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Financial
Distress signals
Property profile

32716 Franklin Rd Franklin, MI 48025

OFF-MARKET
Retail space
Property ID
US43-0899354
5,960 SF 0.76 ac lot Built 1936
Last sale Feb 2011 · $450,000
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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Property summary

AI-generated overview

The property is a commercial building located in the Village of Franklin. It comprises 5,960 square feet of interior space and includes parking designed for tenants and customers, supporting day-to-day community-serving uses within the local area.

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?
$8k
Tax billed · 2023
Assessed value · 2024$239k
Effective rate3.21%

Value estimate

· Oct 2026
$330k
$297k – $363k
Submarket $/SF estimate$711k

Realmo valuation models over county records and 27 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 comparables27

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?
BI
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply13.4
Restaurant13.0
Auto Repair Shop11.7

Location

32716 Franklin Rd Franklin, MI 48025-1136
County assessor Recorded deeds · 4 transfers 27 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 · 9 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
32611 Franklin, Franklin, MI 48025-1181 $36,530 Jul 2024 1,046 SF
32760 Franklin, Franklin, MI 48025-1136 $1,800,000 May 2024 4,617 SF
31655 Southfield, Beverly Hills, MI 48025-5463 $1,125,000 May 2022 21,231 SF
32800 Franklin, Franklin, MI 48025-1111 $600,000 Feb 2022 5,590 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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