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Financial
Distress signals
Property profile

56495 Grand River Ave New Hudson, MI 48165

FOR SALE
Manufacturing properties
Property ID
US43-1090047
20,086 SF 3.21 ac lot Built 1948
Last sale Nov 2023
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 19,800-square-foot flex space industrial property in New Hudson, Michigan, presents a compelling investment opportunity. Located at 56495 Grand River Ave, Lyon Charter Township, Oakland County, MI 48165, this single-story, Class C building boasts a 16-foot ceiling height and ample parking (10 spaces per 1,000 sq ft). Built in 1948 and renovated in 1992, the property sits on a substantial 139,828-square-foot lot zoned for Edge District use, reflecting the area's dynamic…

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?
$17k
Tax billed · 2023
Assessed value · 2024$574k
Effective rate2.95%

Value estimate

· Oct 2026
$460k
$414k – $506k
Submarket $/SF estimate$1.58M
NOI build-up
Gross scheduled income$146k
Vacancy & credit loss−$5k
Operating expenses−$42k
NOI · 4.97% cap applied$98k

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

Recently sold

What actually traded nearby?
$81/SF
County average, outlier-cleaned · 341 recorded sales of this use type
Observed band · Q1–Q3$53 – $107
Qualifying comparables9

Cap rate analysis

How does the asset earn?
4.97%
$98k 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 agency9.8
Law Firm9.4
Tailor Shop9.1

Location

56495 Grand River Ave New Hudson, MI 48165
County assessor Recorded deeds · 1 transfer 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 · 11 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
57455 Travis, New Hudson, MI 48165-9753 $365,000 Apr 2022 5,824 SF
30029 Research, New Hudson, MI 48165-8548 $1,050,000 May 2020 14,440 SF
30031 Research, New Hudson, MI 48165-8548 $860,000 Jan 2020 9,600 SF
53510 Grand Riv, New Hudson, MI 48165-8522 $1,063,665 Dec 2018 117,308 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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