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Property profile

670 Griswold St Northville, MI 48167

FOR LEASE
Office buildings
Property ID
US43-1372571
7,887 SF 4.82 ac lot Built 1993
Last sale Jan 2019
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 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

A ground-floor commercial office suite providing approximately 2,000 sq ft of flexible workspace within a professional building setting. The interior layout includes four private offices and generous open office areas suitable for cubicles, collaboration, and/or a large conference table, with the option to create additional private office space. The suite includes a modern in-unit kitchenette and access to a spacious outdoor deck with picnic tables overlooking Lake Success. The property is…

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?
$24k
Tax billed · 2023
Assessed value · 2024$478k
Effective rate5.11%

Value estimate

· Oct 2026
$475k
$428k – $523k
Submarket $/SF estimate$1.09M
NOI build-up
Gross scheduled income$12k
Vacancy & credit loss−$3k
Operating expenses−$2k
NOI · 87.15% cap applied$7k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$97/SF
County average, outlier-cleaned · 473 recorded sales of this use type
Observed band · Q1–Q3$47 – $153
Qualifying comparables13

Cap rate analysis

How does the asset earn?
87.15%
$7k 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?
PBO
The PBO District is designed to encourage the grouping of similarly related structures and land uses for offices of one kind or another
General categoryCOMMERCIAL
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

670 Griswold St Northville, MI 48167
County assessor Recorded deeds · 1 transfer 13 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

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
21680 Haggerty, Northville, MI 48167-8994 $5,118,750 Feb 2025 91,774 SF
315 Ctr, Northville, MI 48167-1277 $675,000 Apr 2023 2,522 SF
115 Dunlap, Northville, MI 48167-1612 $525,000 Aug 2022 1,750 SF
19265 Gerald, Northville, MI 48167-2520 $170,000 Jun 2019 586 SF
332 Main, Northville, MI 48167-1624 $888,000 May 2019 3,988 SF
311 Cady, Northville, MI 48167-1802 $1,500,000 Dec 2018 4,880 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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