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Financial
Distress signals
Property profile

625 Griswold St Northville, MI 48167

OFF-MARKET
Industrial properties
Property ID
US43-1012511
1,046 SF 1.54 ac lot
Last sale Apr 2026
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 1.54-acre commercial light industrial property in Northville, MI, presents a rare opportunity. Located within city limits, the property boasts a substantial 1,046 square foot main building, ideal for a small business requiring ample storage and workspace. A key feature is the inclusion of a large workshop and a separate pole barn, both equipped with oversized access doors and durable cement flooring, perfect for equipment storage and operations. A single-car garage provides…

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 · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value · 2024$118k
Effective rate3.52%

Value estimate

· Oct 2026
$290k
$261k – $319k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$50/SF
County average, outlier-cleaned · 380 recorded sales of this use type
Observed band · Q1–Q3$26 – $78

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?
PR-1
The Performance Regulated Industrial District 1 describes a light industrial and manufacturing zoning district in which manufacturing and...
General categoryINDUSTRIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy15.7
Convenience Store13.4
Auto Parts Store12.9

Location

625 Griswold St Northville, MI 48167-1667
County assessor Recorded deeds · 1 transfer 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
21141 Brickscape, Northville, MI 48167-2527 $1,450,000 Jul 2025 3,478 SF
742 Doheny, Northville, MI 48167-1993 $950,000 Dec 2024 972 SF
459 Cady, Northville, MI 48167-1663 $4,200,000 Jun 2022 23,701 SF
19430 Gerald, Northville, MI 48167-2517 $700,000 Feb 2022 8,000 SF
456 Cady, Northville, MI 48167-1662 $1,450,000 Jan 2022 45,967 SF
19275 Gerald, Northville, MI 48167-2520 $275,000 Mar 2021 1,600 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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