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Financial
Distress signals
Property profile

3890 11 Mile Rd Berkley, MI 48072

FOR LEASE
Warehouses
Property ID
US43-1135101
6,637 SF 0.37 ac lot Built 1948
Last sale Sep 2005 · $186,015
Individually Owned Owner of record is an individual. 12-yr Hold Held for 12 years. 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

This exceptional multi-use property at 3890 W Eleven Mile Rd in Berkley, Michigan offers 6,600 square feet of versatile space, ideal for a variety of businesses. Located in Oakland County, this building boasts a prime location and features a mix of traditional office, flex, and warehouse space. Currently, there are two suites available, with a minimum divisible space of 2,355 square feet and a maximum contiguous space of 2,506 square feet. A total of 4,861 square feet is currently vacant and…

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?
$9k
Tax billed · 2023
Assessed value · 2024$238k
Effective rate3.98%

Value estimate

· Oct 2026
$305k
$275k – $336k
Submarket $/SF estimate$681k
NOI build-up
Gross scheduled income$18k
Vacancy & credit loss−$681
Operating expenses−$5k
NOI · 77,600.00% cap applied$12k

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

Recently sold

What actually traded nearby?
$76/SF
County average, outlier-cleaned · 180 recorded sales of this use type
Observed band · Q1–Q3$48 – $129
Qualifying comparables9

Cap rate analysis

How does the asset earn?
77,600.00%
$12k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
II
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 agency42.0
Law Firm26.8
Restaurant24.4

Location

3890 11 Mile Rd Berkley, MI 48072
County assessor Recorded deeds · 5 transfers 9 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 · 8 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3750 11th Mile, Berkley, MI 48072-1003 $500,000 Oct 2024 12,640 SF
3170 11th Mile, Berkley, MI 48072-1207 $9,750 Aug 2024 No data
3040 11th Mile, Berkley, MI 48072-1206 $148,256 Jul 2024 4,288 SF
3448 11th Mile, Berkley, MI 48072-1210 $245,000 Nov 2019 2,528 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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