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Financial
Distress signals
Property profile

5820 Innovation Dr 5825 Troy, MI 48098

OFF-MARKET
Commercial real estate
Property ID
US43-1806789
240,750 SF 11.22 ac lot Built 2001
Last sale Oct 2009
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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.

Debts

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 · 2022

What does the county charge?
$292k
Tax billed · 2022
Assessed value$14.66M
Effective rate1.99%

Value estimate

· Oct 2026
$43.44M
$39.10M – $47.78M
Submarket $/SF estimate$43.44M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$183/SF
Submarket average, outlier-cleaned · 71 recorded sales of this use type
Observed band · Q1–Q3$128 – $245

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?
O-S-C
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop18.7
Wholesale Shop18.6
Hair Salon17.7

Location

5820 Innovation Dr, Unit 5825 Troy, MI 48098-2824
County assessor Recorded deeds · 7 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
6054 Livernois, Troy, MI 48098-1502 $1,425,000 Dec 2025 No data
6024 Livernois, Troy, MI 48098-1502 $755,000 May 2023 3,677 SF
1981 Ss W, Troy, MI 48098-1733 $1,985,000 Oct 2022 10,981 SF
5660 New King, Troy, MI 48098-2650 $3,680,000 Oct 2021 10,837 SF
1111 Long Lk, Troy, MI 48098-6308 $5,000,000 Oct 2020 62,467 SF
55 Long Lk, Troy, MI 48098-4633 $1,834,862 Sep 2020 4,209 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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