Financial
Distress signals
Property profile

39550 13th Mile Rd Novi, MI 48377

OFF-MARKET
Commercial real estate
Property ID
US43-2263994
148,728 SF 13.54 ac lot Built 2007
Last sale Jul 2016
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$330k
Tax billed · 2023
Assessed value$9.09M
Effective rate3.63%

Value estimate

· Sep 2026
$21.30M
$19.17M – $23.42M
Sales comparison$22.48M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$148/SF
Submarket average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$100 – $212

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?
OST
OST Planned Office Service Technology District 149 - - - Found in multiple Articles and Sections 2300A Intent 149 3 3.1.23.A 3-52 2301A P...
General categoryUNKNOWN
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant24.3
Auto Repair Shop19.1
Building Supply18.7

Location

39550 13th Mile Rd Novi, MI 48377-2360
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
42450 12th Mile, Novi, MI 48377-3013 $1,100,000 Nov 2025 22,929 SF
46785 Magellan, Novi, MI 48377-2453 $1,650,000 Aug 2022 16,027 SF
31260 Wakefield, Novi, MI 48377-4514 $500,000 Jun 2022 10,376 SF
27780 Novi, Novi, MI 48377-3401 $5,450,000 Apr 2022 39,714 SF
2150 Old Novi, Novi, MI 48377-2070 $764,463 Jan 2022 2,994 SF
41555 12th Mile, Novi, MI 48377-3103 $6,150,000 Aug 2020 40,138 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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